29 Glen Road Cambridge, Ontario N1R 4L4

$1,999,999

29 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, 29 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:61215)

Business

Business Type	Residential
Business Sub Type	Apartments

Property Details

MLS® Number	X13091236
Property Type	Multi-family

Building

Cooling Type	Fully Air Conditioned
Heating Fuel	Electric
Heating Type	Forced Air
Type	Multi-family
Utility Water	Municipal Water

Land

Acreage	No
Size Depth	171 Ft
Size Frontage	100 Ft
Size Irregular	0.395
Size Total	0.395 Ac
Size Total Text	0.395 Ac
Zoning Description	Rm4

https://www.realtor.ca/real-estate/29709738/29-glen-road-cambridge