$2,299,000
24.68 BTC
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2430 - 2432 First Street, Burlington
$2,299,000
PRICE
8
BEDROOMS
4
BATHROOMS
W12973256
MLSID

2430 - 2432 First Street, Burlington

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.
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Summary

Address
2430 - 2432 First Street
Community
MLSID
W12973256
Property Type
Fourplex
Property Category
Bedrooms
8
Bathrooms
4
Kitchens
4
Zoning
R3.2, RH1
Taxes (Annual)
$8,997.00
Tax Year
2026
Published
April 8, 2026
Days on Market
46 Days
Possession Type
Other
Possession Details
60-90/Tbd
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Inclusions

All electrical light fixtures, window, coverings, kitchen appliances, washer & dryer(s).

Exclusions

Fixtures belonging to tenants.

Details

Property Features
Park, Public Transit, School, Golf, Fenced Yard, Library
Security Features
Carbon Monoxide Detectors
Basement
None
Exterior Features
Privacy, Porch, Patio
Interior Features
Other
Parking Spaces
6
Parking Total
7
Parking Features
Private
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Size
0 Acres
Lot Width
132 Feet
Lot Depth
70 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with SAM MCDADI REAL ESTATE INC.
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