23 Glen Road, Cambridge, ON N1R 4L4, Cambridge, ON, N1R 4L4
MLS: X13091726 | Multiplex
$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.
Quick Facts
- Property Type: Multiplex
- Style: 2-Storey
- Bedrooms: 24 (24 above)
- Bathrooms: 8
- Parking: 16.0 spaces (Unreserved)
Costs
- Annual Taxes: $18,637.00 (2025)
Listing Provided by: CORCORAN HORIZON REALTY
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Cooling: None
- Basement: Full, Unfinished
Exterior & Construction
- Style: 2-Storey
- Roof: Flat
- Construction: Brick
- Foundation: Concrete Block
- Sewer: Sewer
Lot & Land
- Pool: None
- Zoning: RM4
Listing Information
Listing History
Sold history, price changes, and days-on-market are reserved for registered users.
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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, ON N1R 4L4, Cambridge, ON, N1R 4L4