Realestate

Property Details

1 of 30
$1,999,999
23 Glen Road, Cambridge, ON N1R 4L4
24
8
MLS®X13091726
Property Type
Residential Freehold
Sub Type
Multiplex
Heating
Baseboard
Cooling
None
Lot Size
149.96 x 100 Feet
Approx Age
N/A
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.
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