For Sale: 222 Furnival Road, West Lorne, ON - REW
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$850,000
7 bd • 7 ba • 3000 - 3499 sf • Multifamily
222 Furnival Road
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$850,000
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222 Furnival RoadWest Lorne, ON, N0L 2C0

  • 7 Bed
  • 7 Bath
  • 3000 - 3499 Sqft
  • Multifamily

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. (id:63626)
Listed by: JOCELYN CLEMENTS, Salesperson, RE/MAX ADVANTAGE REALTY LTD.

Home facts and features

Price details
List Price
$850,000
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Home facts
Bedrooms
7
Full Bathrooms
5
Partial Bathrooms
2
Parking Spaces
1
Parking Details
Attached Garage, Garage
Property Type
Multifamily
Depth
122 feet
Frontage
38.3 feet
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Basement Details
Unfinished,
Features
Separate Electricity Meters
Agent details
Primary Agent
JOCELYN CLEMENTS
Primary Broker
RE/MAX ADVANTAGE REALTY LTD.
Secondary Agent
CHANDARY OUCH
Secondary Broker
RE/MAX ADVANTAGE REALTY LTD.
Listing details
Days on REW
1 Day
MLS® Number
X13642802
Source
Canadian Real Estate Association
Board
London and St. Thomas Association of REALTORS®
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Property Insights

Aldborough Public School
  • Public
  • JK - 8
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Call Agent
Salesperson
JOCELYN CLEMENTS
Office:
519-649-6000
Salesperson
CHANDARY OUCH
Phone:
(519) 649-6000
Office:
519-649-6000
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