26
See all 26 photos
$2,299,000
Est. payment /mo
8 Beds
4 Baths
Active
2430 - 2432 First ST Burlington, ON L7R 1C6
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision Brant
MLS Listing ID W12973256
Style 2-Storey
Bedrooms 8
Annual Tax Amount $8,997
Tax Year 2026
Property Sub-Type Fourplex
Property Description
A rare and exceptional opportunity for investors and strategic buyers in one of Burlington's most desirable lakeside communities. Offering four self-contained two-bedroom apartments, 2432 First Street delivers immediate income with tenants already in place, allowing revenue generation from day one. Projected gross annual income exceeds $100,000. Each unit features a functional, well-proportioned layout with two bedrooms, bright living and dining areas, and in-suite laundry. Kitchens offer direct walk-out access, while upper units enjoy private outdoor deck space, an attractive feature for long-term tenant retention. Dedicated parking for each unit adds everyday convenience. Set on a quiet, tree-lined street just moments from Lake Ontario and the vibrancy of downtown Burlington, tenants benefit from walkable access to waterfront parks, trails, cafés, restaurants, shopping, and transit options. Conveniently located near the QEW, Hwy 403, and Hwy 407, offering easy access to Hamilton, Oakville, Mississauga, and the GTA. With RH1 zoning, the property may lend itself to future development possibilities, such as a potential 5-6 townhome configuration, offering compelling long-term upside. Whether expanding your portfolio or securing a property with both stable income and future potential, this is a rare offering in a high-demand location.
Location
Province ON
County Halton
Area Halton
Rooms
Family Room Yes
Basement None
Kitchen 4
Interior
Interior Features Other
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Privacy, Porch, Patio
Parking Features Private
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 132.0
Lot Depth 70.0
Total Parking Spaces 7
Building
Unit Features Park,Public Transit,School,Golf,Fenced Yard,Library
Foundation Poured Concrete
Others
Security Features Carbon Monoxide Detectors
ParcelsYN No
Listed by SAM MCDADI REAL ESTATE INC.
Nearby Locations
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