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MLS® W13499188
Burlington, ON
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.
Inclusions
All electrical light fixtures, window, coverings, kitchen appliances, washer & dryer(s).
Exclusions
Fixtures belonging to tenants.
Broker
SAM MCDADI REAL ESTATE INC.
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Fourplex
2430 - 2432 First Street Burlington
Burlington
Type
Fourplex
Basement
None
Parking
Detached (7)
Property Tax
~$8,997/yr
Heating
Forced Air
Buying Essentials
Square Feet
3250 sqft
Facing Direction
South
Parking
Detached (7)
Finances
List Price
$2,299,000
Price per SQFT
$707/sqft
Property Tax
~$8,997/yr
Property Specs
Property Type
Fourplex
MLS Size
3250 sqft
Basement
None
Living & Amenities
Heating Type
Forced Air
Features
Other
Policies & Utilities
Neighbourhood
Burlington
Listed On
Jun 28, 2026
Park
Public Transit
School
Golf
Fenced Yard
Library
Days on Market
Current: 132 days
Overlooks Backyard, Overlooks Dining, W/O To Deck
11.9 x 10.8
129 sqft
Open Concept, Combined w/Living, Hardwood Floor
12.9 x 6.0
78 sqft
Open Concept, Combined w/Dining, Hardwood Floor
12.9 x 9.4
121 sqft
Closet, Window, Hardwood Floor
9.9 x 11.3
111 sqft
Window, Hardwood Floor
9.0 x 9.8
89 sqft
Stainless Steel Appl, Double Sink, W/O To Deck
10.8 x 6.9
74 sqft
Overlooks Backyard, Combined w/Kitchen, Tile Floor
10.8 x 5.0
54 sqft
Overlooks Frontyard, Window, Hardwood Floor
15.4 x 13.0
200 sqft
Closet, Window, Hardwood Floor
11.3 x 9.8
111 sqft
Closet, Window, Hardwood Floor
9.9 x 9.1
89 sqft
Breakfast Bar, Double Sink, Walk-Out
11.8 x 10.7
127 sqft
Sliding Doors, Window, W/O To Deck
9.0 x 9.9
89 sqft
Open Concept, Pot Lights, Hardwood Floor
12.8 x 15.2
195 sqft
Overlooks Backyard, Window, Hardwood Floor
9.9 x 11.3
111 sqft
Rooms
14
Listed Room Area
1,578 sqft
Source
Estimated from MLS room dimensions
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