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23 Glen Road Cambridge, Ontario N1R 4L4

6600 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:60365)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X13091834
Property Type Multi-family
AmenitiesNearBy Public Transit, Recreation
ParkingSpaceTotal 16

Building

Age 51 To 99 Years
CoolingType None
HeatingType Baseboard Heaters
SizeInterior 6600 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage Yes
LandAmenities Public Transit, Recreation
SizeDepth 149 Ft ,11 In
SizeFrontage 100 Ft
SizeIrregular 6600
SizeTotal 6600 Ac
SizeTotalText 6600 Ac
ZoningDescription Rm4

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

Cliff C. Rego
Broker


Corcoran Horizon Realty
618 King St West Unit B
Kitchener, Ontario N2G 1C8

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