2430 - 2432 First Street, Burlington, ON L7R 1C6
Burlington, ON, L7R 1C6 · Brant
About this property
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.
Features & Amenities
- Garage: Detached
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Fourplex |
| Architectural Style | 2-Storey |
| Bedrooms | 8 |
| Bathrooms | 4 |
| Lot Size | 0 Feet |
| Basement | None |
| Garage | Detached |
| Parking Spaces | 6 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $8,997 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Other
Exterior Features
- Exterior Features
- Privacy, Porch, Patio
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick
- Foundation Details
- Poured Concrete
- Roof
- Asphalt Shingle
- Basement
- None
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 6
- Parking Total
- 7.00
- Parking Features
- Private
- Covered Spaces
- 1
Lot & Land
- Lot Size Area
- 0.21
- Lot Size Units
- Feet
- Lot Depth
- 70.00
- Lot Width
- 132.00
Community & Neighborhood
- Property Features
- Park, Public Transit, School, Golf, Fenced Yard, Library
Financial & Tax
- Tax Annual Amount
- $8,997
- Tax Year
- 2026
- Possession Type
- 60-89 days
- Possession Details
- TBD
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 18
- Kitchens Above Grade
- 4
- Kitchens Total
- 4
- Bedrooms Above Grade
- 8
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- South
- County Or Parish
- Halton
- Cross Street
- via Guelph Line and First St, then turn right at the 1st cross street onto First St.
- Directions
- via Guelph Line and First St, then turn right at the 1st cross street onto First St.
- Special Designation
- Unknown
- Showing Requirements
- Showing System, List Brokerage
Location
2430 - 2432 First Street, Burlington, ON L7R 1C6, Burlington, ON, L7R 1C6