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:15069)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | X13091834 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit, Recreation |
| Parking Space Total | 16 |
| Age | 51 To 99 Years |
| Cooling Type | None |
| Heating Type | Baseboard Heaters |
| Size Interior | 6,600 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
| 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
Contact us for more information
No Favourites Found
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)