29 GLEN Road, Cambridge, Ontario, N1R 4L4

MLS® # 40827672

Commercial For Sale In Elgin Park, Cambridge, Ontario

$1,999,999

None Beds

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29 GLEN Road, Cambridge, Ontario, N1R 4L4

$1,999,999

Property Information:

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:27)

Building Features:

Style: Mixed
Building Type: Residential Commercial Mix
Basement Type: Full
Exterior Finish: Brick
Floor Space: 6600 sqft
Foundation Type: Block

Property Features:

OwnershipType: Freehold
Property Type: Other
Access Type: Road access
Amenities Nearby: Hospital, Public Transit, Schools
Community Features: High Traffic Area
Floor Space (approx): 6600 Square Feet
Lot Depth: 172 Feet
Lot Frontage: 100 Feet
Zoning: RM4
Sewer: Municipal sewage system

Courtesy of: Chestnut Park Realty Southwestern Ontario Limited, Corcoran Horizon Realty

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Market Price Trends

Single family detached

-2.53%

Price change (1 year)

29.33%

Price change (5 years)

All Properties

-2.13%

Price change (1 year)

31.15%

Price change (5 years)

Location of 29 GLEN Road, Cambridge, Ontario, N1R 4L4

Lifestyle
Neighbourhood

Demographic Information of 29 GLEN Road, Cambridge, Ontario, N1R 4L4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$95,833.52

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

31.43 %

High school certificate or equivalent

34.99 %

Apprenticeship trade certificate/diploma

4.33 %

College/non-university certificate

19.69 %

University certificate (below bachelor)

0.35 %

University Degree

9.21 %

Commuter

Travel To Work

By Car

89.73 %

By Public Transit

3.78 %

By Walking

1.8 %

By Bicycle

0.0 %

By Other Methods

4.69 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

21.18 %

Houses

78.82 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Single family detached

All Properties

Location of 29 GLEN Road, Cambridge, Ontario, N1R 4L4

Demographic Information of 29 GLEN Road, Cambridge, Ontario, N1R 4L4

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

29 GLEN Road, Cambridge, Ontario, N1R 4L4

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing