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:19593)

Property Details

MLS® Number	40827667
Property Type	Multi-family
Amenities Near By	Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features	High Traffic Area, Community Centre
Parking Space Total	16

Building

Basement Development	Unfinished
Basement Type	Full (unfinished)
Cooling Type	None
Exterior Finish	Brick
Foundation Type	Block
Heating Fuel	Electric
Heating Type	Baseboard Heaters
Stories Total	3
Size Interior	6,600 Ft2
Utility Water	Municipal Water

Parking

Open

Land

Access Type	Road Access
Acreage	No
Land Amenities	Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer	Municipal Sewage System
Size Depth	172 Ft
Size Frontage	100 Ft
Size Total Text	Under 1/2 Acre
Zoning Description	Rm4

https://www.realtor.ca/real-estate/29709189/29-glen-road-cambridge