aerial view of residential area featuring a nearby body of water Features: residential view, water view

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Brick facade with an entry porch featuring a wood-finish ceiling, decorative wood lattice, and wood support beams Features: brick siding

kitchen with stainless steel range oven, white cabinets, dark wood-style flooring, and backsplash Features: backsplash, range oven, drywall, wood finish floor, microwave, sink, white cabinets, butcher block countertops, baseboards wall

kitchen featuring white cabinetry, light countertops, black microwave, dark wood-style floors, and stove Features: drywall, backsplash, sink, countertops, refrigerator, baseboards wall, natural light, range oven, microwave, wood finish floor, white cabinets

corridor featuring light wood finished floors Features: natural light, wood finish floor, drywall

laundry room with stacked washer and clothes dryer Features: stacked washer dryer, laundry, drywall, natural light

deck featuring a residential view Features: residential view, balcony

Brick exterior featuring a wooden porch with lattice detailing, a dark entry door with sidelight, and an exterior wall light fixture Features: brick siding

hallway featuring light wood finished floors Features: natural light, drywall, wood finish floor, baseboards wall

bedroom with wood finished floors and multiple windows Features: natural light, drywall, baseboards wall, wood finish floor

laundry area featuring stacked washer and dryer and wood finished floors Features: stacked washer dryer, drywall, wood finish floor, laundry

full bath featuring vanity, shower / tub combo with curtain, tile walls, and wainscoting Features: sink, toilet, tile wall, combined bath shower, wainscot wall, full bathroom, drywall, vanity, mirror

Covered exterior balcony with wood decking and railing, brick exterior, and multiple windows Features: balcony

entrance to property with brick siding and a porch Features: brick siding, porch

kitchen with light countertops, stainless steel appliances, wood finish cabinetry, and white cabinetry Features: backsplash, range oven, tile floor, sink, baseboards wall, drywall, dishwasher, countertops, medium brown cabinets, natural light, range hood, white cabinets

dual tone kitchen with backsplash, light countertops, stainless steel appliances, dual tone cabinetry, and exhaust hood Features: white cabinets, baseboards wall, microwave, range hood, countertops, range oven, dishwasher, medium brown cabinets, kitchen peninsula, natural light, ceiling fan, tile floor, drywall, backsplash

dining area featuring wood finished floors and baseboards Features: natural light, drywall, baseboards wall, wood finish floor, vent

dining area with wood finished floors Features: natural light, drywall, wood finish floor

Wood-finish deck with a lattice privacy fence and slatted railing Features: deck, outdoor living space, residential view

laundry area featuring stacked washer / dryer Features: drywall, stacked washer dryer, natural light, laundry, wood finish floor

view of patio featuring a grill and a wooden deck Features: deck, grill

Stone exterior detached structure, concrete drive, wood fence, and established plantings Features: outdoor structure, fence

aerial perspective of suburban area featuring a nearby body of water Features: water view, residential view

aerial perspective of suburban area with a nearby body of water Features: city view, residential view, water view

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

2430 - 2432 First Street

Burlington , Ontario

8 4 $2,299,000

Est payment $11,040/mo

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Time on Jump 110 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.

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Purchase Price

Term

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Down Payment:
$ 114,950 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

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

Extras

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

Market Info

Parking 7.00

Listing Brokerage: SAM MCDADI REAL ESTATE INC.

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Listing Brokerage: SAM MCDADI REAL ESTATE INC.

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

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Property Info

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Market Info

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