$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
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
Estimated mortgage payment
$3,764 per month
- Principal and interest
- $3,764
- Property tax
- $361
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $183,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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