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    For Sale - 2430 - 2432 First Street, Burlington, Ontario

    Est payment $11,040/mo
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    Views   3
    Time on Jump  6 day

    AI Summary *

    • Four self-contained two-bedroom apartments generating immediate rental income.
    • Projected gross annual income exceeds $100,000 for the property.
    • Each unit has bright living spaces and in-suite laundry for convenience.
    • Upper units feature private outdoor decks, enhancing tenant appeal.
    • Located near Lake Ontario and downtown, with easy access to parks and transit.




    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.
    Listing IDW13499188
    Address2430 - 2432 First Street
    CityBurlington, Ontario
    Price$2,299,000
    Bed / Bath8 / 4 Full
    Style2-Storey, Fourplex
    ConstructionBrick
    Land Size0.209
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features OtherOutdoor Features Privacy, Porch, PatioAmenities Park, Public Transit, School, Golf, Fenced Yard, LibraryOwnership FreeholdBasement NoneFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 7.00
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    Listing Agency:  SAM MCDADI REAL ESTATE INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    2430 - 2432 First Street
    Burlington , Ontario
    8 4 $2,299,000
    Get more info