A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 23 Glen Rd, Cambridge Ontario N1R 4L4
19 days on Market

23 Glen Rd, Cambridge, Ontario N1R 4L4

Other
-
-
~6600 sqft
$1,999,999
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Other
-
-
~6600 sqft

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Highlights

Property Estimate

Days on market19 days

Estimated valueNot available

Price/Sqft$303/sqft

Monthly cost

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Description

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 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, 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.


Property Details

StyleApartment
View-
Age of property51-99
SqFt~6600 SqFt
Lot Size14,997 SqFt(149.98 x 100)
Parking Spaces16
MLS ®NumberX13091834
Community NameElgin Park
Data SourceTRREB
Listing byCORCORAN HORIZON REALTY

Features

Heating: Baseboard
Cooling: N
Basement: Y

Features

Lot size: 14,997 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 16


Property listed by CORCORAN HORIZON REALTY, Brokerage
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Market Data - Elgin Park

Geo Zone Map ThumbnailElgin Park

Strong Seller's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

23 days

Compared to

2025

19 days

2024

9 days

2023

4 days

New Listings

Past 30 days

8 listings

Compared to

2025

6 listings

2024

7 listings

2023

8 listings

Units sold

Past 30 days

7 units

Compared to

2025

4 units

2024

4 units

2023

3 units

Median Sold Price

Past 30 days

$570,000

Compared to

2025

$567,000

2024

$658,500

2023

$587,000


Population and Demographics

Overview

Total population 3939
Average household income $93,113

Age (%)

0 to 19
25%
20 to 34
22%
35 to 49
18%
50 to 64
18%
65 and plus
17%

Household composition (%)

Single family
67%
Single person
25%
Multi person
6%
Multi family
1%

Mother tongue (%)

English
65%
Gujarati
12%
Portuguese
9%
Pashto
3%
Urdu
2%
Others
2%
Arabic
1%
Punjabi (Panjabi)
1%
Spanish
1%

House tenancy (%)

Owners
51%
Renters
49%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget