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29 Glen Road Cambridge, Ontario N1R 4L4

Fully Air Conditioned Forced Air

$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:61852)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X13091236
Property Type Multi-family

Building

CoolingType Fully Air Conditioned
HeatingFuel Electric
HeatingType Forced Air
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 171 Ft
SizeFrontage 100 Ft
SizeIrregular 0.395
SizeTotal 0.395 Ac
SizeTotalText 0.395 Ac
ZoningDescription Rm4

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

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Mike Bolger
Salesperson


Chestnut Park Realty(Southwestern Ontario) Ltd
75 King St South #50a
Waterloo, Ontario N2J 1P2

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