23 Glen Road Cambridge, Ontario N1R 4L4

$1,999,999

23 Glen Road presents a rare opportunity to acquire a well-maintained 8-plex multifamily investment property comprised of highly sought-after 2-bedroom townhome units. This asset offers strong, stable income supported by long-term tenants and pride of ownership throughout. The property has been carefully maintained over the years, minimizing immediate capital expenditures while providing investors with confidence in long-term performance. An added bonus is the existing government-backed solar contract, creating an additional revenue stream and enhancing overall returns. On-site, a large maintenance building provides ample space for storage, equipment, and efficient property upkeep-an attractive feature for hands-on investors or property managers. Ideally located close to a wide range of amenities including shopping, transit, schools, and everyday conveniences, 23 Glen Road appeals to both tenants and investors alike. A turnkey investment opportunity combining stability, additional income potential, and long-term upside in a desirable rental market. (id:55460)

Business

Business Type	Residential
Business Sub Type	Apartments

Property Details

MLS® Number	X13091834
Property Type	Multi-family
Amenities Near By	Public Transit, Recreation
Parking Space Total	16

Building

Age	51 To 99 Years
Cooling Type	None
Heating Type	Baseboard Heaters
Size Interior	6,600 Ft2
Type	Multi-family
Utility Water	Municipal Water

Land

Acreage	Yes
Land Amenities	Public Transit, Recreation
Size Depth	149 Ft ,11 In
Size Frontage	100 Ft
Size Irregular	6600
Size Total	6600 Ac
Size Total Text	6600 Ac
Zoning Description	Rm4

https://www.realtor.ca/real-estate/29710634/23-glen-road-cambridge