23 GLEN Road, Cambridge, Ontario, N1R4L4
MLS: 40827642 | Other
$1,999,999
Property Description
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:64974)
Quick Facts
- Property Type: Other
- Bedrooms: None
- Bathrooms: None
- Living Area: 6,600 sq ft (613.2 m²)
- Ownership: Freehold
- Frontage: 100 ft (30.5 m)
Costs
- Annual Taxes: $7,046.09
Listing Provided by: Corcoran Horizon Realty
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Basement: Full
Exterior & Construction
- Exterior: Brick
- Foundation: Block
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 100 ft (30.5 m)
- Zoning: RM4
Community & Neighbourhood
- Community: High Traffic Area
- Subdivision: 30 - Elgin Park/Coronation
Listing Information
Listing History
MLS listing activity for 23 GLEN Road, Cambridge, Ontario, N1R4L4 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±30%Match BedroomsNoMatch BathroomsNo
29 GLEN Road, Cambridge
Other$1,999,999
$19,674/yr taxListing Courtesy of Chestnut Park Realty Southwestern Ontario Limited
17 JARVIS Street, Cambridge
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$8,020/yr taxListing Courtesy of KELLER WILLIAMS INNOVATION REALTY
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$19,674/yr taxListing Courtesy of Chestnut Park Realty Southwestern Ontario Limited
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Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
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23 GLEN Road, Cambridge, Ontario, N1R4L4