Brokered by: Chestnut Park Realty Southwestern Ontario Limited
MLS®: 40827667 (Freehold)
Price: $1,999,999.00
Address: 29 GLEN Road, Cambridge FOR SALE Subdivision: 30 - Elgin Park/Coronation Postal Code: N1R4L4 Style: Bedrooms: 0 Bathrooms: 0 Parking: Open Garage: Open Lot Size: 100 ft x 172 ft Stories: 3
About 29 Glen Road
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:56071). Get more information on 29 Glen Road
Property Features
Rental Equipment: Zoning Description: RM4 Interior Size: 6600 sqft Community Features: High Traffic Area, Community Centre Access: Road access Lot: under 1/2 acre Exterior Finish: Brick Water: Municipal water, Municipal sewage system Heating / Cooling: Electric / None Age: Foundation: Block Basement: Full (Unfinished) Unfinished
Rooms & Sizes
Found a property your're looking for? Schedule a showing with our team. We're here to answer your questions and help you get a closer look.
John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
Brokered by: RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
Terms Of Use
This website is operated by RE/MAX Centre City John DiRenzo Team Brokerage, a brokerage who is a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, RE/MAX Centre City John DiRenzo Team Brokerage, and CREA.
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.
Trademarks:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA. The data provided is for informational purposes only and should not be relied upon without verification.