222 Furnival Road, West Elgin

$850,000
222 Furnival Road

$850,000

New
79d
Multiplex2-Storey

222 Furnival Road, West Elgin

Total Monthly Obligation $4,165

HausQ Valuation Report
Beds
7
Baths
7
Park
1
Sqft
3000-3500
DOM
79d
Property Type-Multiplex
MLS® Number-X13642802
Beds-7
Bathrooms-7
Size-3000-3500 sqft
Lot Size-38.33 × 122 ft
Listed on site-Aug 5, 2026
Style-2-Storey
Building Type-Multiplex
Taxes-$4,336.36 (2026)
Parking-1 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ADVANTAGE REALTY LTD.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Flat
Foundation-Brick
Sewer-Sewer
Possession-ASAP
Neighbourhood-Rodney
Title-Residential Freehold

No agent assigned

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.

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Closing Costs

Mortgage Amount
$680,000
Land Transfer Taxes$13,475
Legal Fees (Est.)
$
Total cash required for closing$184,975

Total Monthly Obligation

$4,165/mo
Mortgage $3,429
Monthly Loss $3,263
Principal$902
Interest$2,526
Property Tax$361
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 222 Furnival Road

Time

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