Type: Fourplex
Style: 2-Storey
Size: Sq Ft
Age: Years
Taxes: $ 8,997 ( 2026)
Updated: 2026-04-16 22:30:05
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.
Fourplex
Status: For Sale
MLS #: W12973256
Price: $ 2,299,000
Address: 2430 - 2432 First Street
Type:
Style: 2-Storey
Size: Sq Ft
Age: Years
Front On:
Taxes: $ 8,997
Tax Year: 2026
Lot Size:
Neighbourhood: Brant
Nearest Intersection: via Guelph Line and First St, then turn right at the 1st cross street onto First St.
City: Burlington
Postal Code: L7R 1C6
DOM: 2 Days
Last Update: 2026-04-16 22:30:05
Bedrooms: 8
Bathrooms: 4
Rooms: 0
Kitchens: 4
Family Room:
Fireplace:
Basement: None,
Central Vacuum:
Exterior: Brick,
Driveway:
Garage: Private
Garage Spaces:
Parking Spaces: 7.00
Pool:
Electricity (Hydro):
Gas:
Phone:
Cable TV:
Heat Type: Forced Air
Heat Source: Gas
Air Conditioning: Central Air
Water:
Sewers: