Gurvinder Nokwal REALTOR®
For Sale Multiplex 74 days on market

$850,000

Est. payment $3,764/moCalculate yours

222 Furnival Road, West Elgin, ON N0L 2C0

Rodney, West Elgin, ON N0L 2C0

  • 7 Beds
  • 7 Baths
  • 1 Garage
  • 3,000 Sq Ft
Map

Listing courtesy of RE/MAX ADVANTAGE REALTY LTD. MLS® X13642802

About this home

This well-maintained building in the heart of Rodney presents an excellent investment opportunity. With a Net Operating Income of $61,368 annually, the property consists of 5 residential units and 1 commercial unit. The commercial space, currently leased to a popular local restaurant serves as a strong anchor for the building’s overall value. The property spans approximately 3,500 square feet on the main level, including rear garage space, offering a flexible layout for both residential and commercial tenants. Four out of the five residential units are currently tenanted, providing steady rental income. Additional features include separate hydro meters, gas heating and cooling systems, along with an updated boiler system (2022). This property combines strong income potential with a prime location in a thriving community, making it an ideal addition to any investment portfolio.

Property details

Overview

Property Type
Multiplex
Style
2-Storey
For
For Sale
Status
New
Size
3,000 sqft

Interior

Bedrooms
7
Bathrooms
7
Kitchens
6
Basement
Unfinished

Building & Systems

Heating
Forced Air (Gas)
Cooling
None
Exterior
Brick
Foundation
Brick
Roof
Flat
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
38.33 x 122 Feet
Parking
Attached garage · 1 total
Zoning
C1

Financial

Property Taxes
$4,336 (2026)

Location

Neighbourhood
Rodney
Cross Street
VICTORIA
Direction Faces
West

Listing

MLS® Number
X13642802
Days on Market
74
Listed On
2026-08-05
Possession
ASAP
Listed By
RE/MAX ADVANTAGE REALTY LTD.

Features

Interior

  • Separate Hydro Meter

Pool

  • None

Mortgage calculator

Minimum for this price: $60,000 (7.06%)

Amortization, years

Estimated mortgage payment

$3,764 per month

Principal and interest
$3,764
Property tax
$361
Estimated monthly cost
$4,125

Your mortgage

Mortgage amount
$680,000
Mortgage insurance
Not needed
Interest over 25 years
$449,085

Cash to close

Down payment
$170,000
Land transfer tax
$13,475
Total, before legal fees
$183,475
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

222 Furnival Road, West Elgin, ON N0L 2C0 Rodney, West Elgin, ON N0L 2C0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$850,000 222 Furnival Road, West Elgin, ON N0L 2C0
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