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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.
City: West Elgin
Neighborhood: Rodney
Purchase Price | $849900 |
Down Payment | $169980 |
Mortgage Insurance | $0 |
Total Mortgage | $679920 |
Mortgage Payment | $4190 |
Property Taxes | $313 |
Maintenance Fees | $0 |
Monthly Payment | $4503 |
Located at 222 Furnival Rd , this West Elgin house is available for sale. This property was listed for $849,900 on Wed Sep 24 2025. This house's size is 3000-3500 Sqft. It has 7 bedrooms and 7 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 1 parking spots. 222 Furnival Rd, West Elgin is situated in the Rodney neighbourhood.
MLS#: X12130175 · $849,900 · 7 bedroom house in Rodney, West Elgin