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:63008)
| MLS® Number | 40827672 |
| Property Type | Other |
| Neigbourhood | Greenway-Chaplin |
| AmenitiesNearBy | Hospital, Public Transit, Schools |
| CommunityFeatures | High Traffic Area |
| EquipmentType | Other |
| RentalEquipmentType | Other |
| BasementType | Full |
| ExteriorFinish | Brick |
| FoundationType | Block |
| StoriesTotal | 3 |
| SizeExterior | 6600.0000 |
| SizeInterior | 6600 Sqft |
| UtilityWater | Municipal Water |
| AccessType | Road Access |
| Acreage | No |
| LandAmenities | Hospital, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| SizeDepth | 172 Ft |
| SizeFrontage | 100 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Rm4 |
https://www.realtor.ca/real-estate/29709188/29-glen-road-cambridge
Mike Bolger
Salesperson
William Forbes
Salesperson
Cliff Rego
Broker of Record