23 Glen Road Cambridge, Ontario N1R 4L4

6,600 sqft
None Baseboard Heaters Acreage

$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:47351)

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 Sqft
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