23 Glen Road, Cambridge, Ontario N1R 4L4

Listed for:
$1,999,999
0 beds
0 baths
Listed 9 days ago
23 Glen Road, Cambridge, Ontario N1R 4L4

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About

Hespeler Rd to Brooklyne Rd to Glen Rd 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:27476)

Property Highlights

MLS® Number
40827615
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
16

Building

Storeys
2.00
Square Footage
6600 sqft
Amenities
Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Exterior Finish
Brick
Fireplace Present
No
Basement Type
Full (Unfinished)
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
Corcoran Horizon Realty
MLS® number:
40827615
Agent:
William Forbes
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