29 GLEN Road

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THIS PROPERTY IS For Sale

29 Glen Road, Cambridge, Ontario N1R 4L4

$1,999,999

Description

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.

Open Houses

Main Details

Building Area Total6,600
Lot Front (Ft)100.00
Property AccessMunicipal Road
Water SourceMunicipal
DOM0
Ownership TypeFreehold/None
Lot Depth (Ft)171.50
# Parking16
Water Front YNNo

Property Details

Interior FeaturesOther
HeatingBaseboard, Electric
CoolingNone
Construction MaterialsSolid Brick
RoofFlat
SewerSewer (Municipal)
Features Area InfluencesDowntown, High Traffic Area, Hospital, Library, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, Schools, Shopping Nearby InclusionsOther
Stories Total3
Number Of Bachelor Units0
Number Of 1 Bedroom Units0
Number Of 2 Bedroom Units0
Number Of 3 Bedroom Units0
Number Of 4 Bedroom Units0
Number Of Other Units0
Laundry FeaturesIn-Suite
Roll #300603001409008
PIN038100198
Assessment Value728,000
Assessment Year2025
Tax Annual Amount$19,674.00
Tax Year2025
Tax Legal DescriptionPT LT 2-3 PL 1241 CAMBRIDGE AS IN 1413143; CAMBRIDGE

Rooms

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