222 Furnival Road
West Elgin, ON
- 7 bed
- 7 bath
- approx. 3000-3500 sqft
- Multiplex
- 44 days on market
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.
Listing Details
- Taxes (2026)
- $4,336
- Listed
- August 5, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Brick
- Roof
- Flat
- Foundation
- Brick
- Interior
- Separate Hydro Meter
- Lot Size
- 38.33 x 122 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 1
- Total Parking
- 1
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- VICTORIA
- Zoning
- C1
- Parcel Number
- 351050212
- Possession
- Immediate
- Occupancy
- Tenant
Schools
Elementary
- Aldborough Public School4.9 km
Public · Thames Valley DSB · 340 students
Grade 3 reading: 57% met the provincial standard · Grade 6 math: 31% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N0L
- Population
- 49,817
- Private dwellings
- 19,408
- Median age
- 44
- Average household size
- 2.6
- Median household income
- $100,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in West Elgin · last 12 months
- Median sold price
- $433,275
- Homes sold
- 74
- Median days on market
- 33
- Sale-to-list price
- 95.7%
Based on 74 recorded sales of residential freehold properties in West Elgin over the last 12 months.
Listed by
RE/MAX ADVANTAGE REALTY LTD.
Walk Score
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Location
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Mortgage Calculator
$170,000
Estimated Monthly Payment
$4,176
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,176/mo (20% down, 5.5%)
Taxes: $361/mo · Insurance: $213/mo
Estimates only. Consult a financial advisor.
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