$2,299,000
 $12,342 est/mo Sourced by Back At You

2430 - 2432 First Street,Burlington, ON L7R 1C6

Burlington, ON L7R 1C6

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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.

Details

MLS #W13499188
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusExtension
Year0
Days On Site131
Listing Provided BySAM MCDADI REAL ESTATE INC. | W13499188 193800

Features

Bed(s)8
Bath(s)4
Garage1
Story(s)2
Acreage0.21

Interior

Interior FeaturesOther
CoolingCentral Air
Heat SourceGas
Fireplace Yes / NoNo

Exterior

Exterior FeaturesPrivacy, Porch, Patio
RoofAsphalt Shingle
Foundation DetailsPoured Concrete
Construction MaterialsBrick
Security FeaturesCarbon Monoxide Detectors

Parking

Garage Yes / NoYes
Parking FeaturesPrivate

Utilities

SewerSewer

Taxes

Tax Annual Amount8997
Tax Legal DescriptionLT 7 , BLK B, PL 45 ; PT LT 8 , BLK B, PL 45 , BEING THE NW 4 FEET CITY OF BURLINGTON
Tax Year2026

Area Information

ProvinceON
CountyHalton
CityBurlington
Postal CodeL7R 1C6
AreaBrant
Listing VS Median (in L7R 1C6)
Price:
$2,299,000
low | high
Med:
$0
On site:
131
low | high
Med:
Sourced by Back At You

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Additional Information

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Learn More About This Property

JESSICA CHRISTINA ALMEIDA

JESSICA CHRISTINA ALMEIDA

Coldwell Banker The Real Estate Centre

 (416) 997-6255jessica.almeida@wearetrec.com
ProvinceON
CountyHalton
CityBurlington
Postal CodeL7R 1C6
AreaBrant
Listing VS Median (in L7R 1C6)
Price:
$2,299,000
low | high
Med:
$0
On site:
131
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.724M - $2.873M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
3040 First Street Property Photo 1
$2,600,000
3040 First Street
Burlington, ON L7N 1C3
Listing Updated: September 29, 2026 at 11:36:50 PM PDT