2430 - 2432 FIRST STREET
Burlington (Brant), Ontario
MLS® W13499188
$2,299,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- W13499188
- Bedrooms
- 8
- Bathrooms
- 4
- Year built
- —
1 / 27Listing 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.
Property summary
- MLS® number
- W13499188
- Property type
- Multi-family
- Building type
- Fourplex
- Land size
- 132 x 70 FT
- Annual property taxes
- $8,997.00
- Parking
- 7 spaces · Detached Garage, Garage
- Days on market
- 61 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- None
- Flooring
- Tile, Hardwood
- Appliances
- Washer, Dryer
- Exterior features
- Brick
What would this home cost you?
Based on the $2,299,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of SAM MCDADI REAL ESTATE INC., MISSISSAUGA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.