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 upkeepāan 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:4555)
PROPERTY SPECS
Price $1,999,999
City Cambridge, Ontario
Address 23 GLEN Road
Listing ID 40827642
Square Footage 6600
Type Industrial/Commercial
Status For Sale
EXTENDED FEATURES
SubtypeOtherCommunity FeaturesHigh Traffic AreaOwnershipFreeholdBasementFullSewerMunicipal sewage system