Active Fourplex For Sale 74 DOM · sitting
$2,299,000
MLS® W12973256

2430 - 2432 First Street, Burlington, ON L7R 1C6

Burlington · Brant · L7R 1C6
Monthly cost · estimate
$0/mo
— · — · —
🤖
Hunter's read
Four self-contained 2BR units, occupied tenants, lakeside Burlington—$2.3M reflects strong rental fundamentals in tight market.
8
Beds
4
Baths
3000-3500
Sqft
6
Parking
0.209
Lot sqft

About this home

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.

📋 Property summary 8 details
Property Type
Fourplex
Style
['2-Storey']
Square Footage
3000-3500
Days on Market
74 days
Annual Taxes
$8,997
Lot Size
132.0' × 70.0'
Community
Brant
Parking
7.0 spaces
🏠 Interior 1 features
Basement
None
Interior features
Other
🧱 Building & exterior
Foundation
Poured Concrete
Exterior
Brick
⚡ Utilities
Heating
Forced Air
Cooling
['Central Air']
Sewer
['Sewer']
📐 Rooms & dimensions 14 rooms
Flat
Dining Room 3'11" × 1'10"
Living Room 3'11" × 2'10"
Primary Bedroom 3' × 3'5"
Bedroom 2 2'9" × 3'
Kitchen 3'3" × 2'1"
Dining Room 3'3" × 1'6"
Living Room 4'8" × 4'
Primary Bedroom 3'5" × 3'
Bedroom 2 3' × 2'9"
Kitchen 3'7" × 3'3"
Dining Room 2'9" × 3'
Living Room 3'11" × 4'8"
Bedroom 3' × 3'5"
Kitchen 3'8" × 3'3"
🌳 Lot & land
Frontage
132.0 ft
Depth
70.0 ft
Total Area
0 acres (9,104 sqft)
Source
MPAC
📦 Inclusions & exclusions
Included with sale

All electrical light fixtures, window, coverings, kitchen appliances, washer & dryer(s).

Excluded from sale

Fixtures belonging to tenants.

📃 Listing details
MLS® Number
W12973256
Days on Market
74 days
Possession
Other
Listing Brokerage
SAM MCDADI REAL ESTATE INC.

Listing information sourced from TRREB MLS® via PropTx. This property is being represented by the listing brokerage shown above. Ishaan Verma of Royal LePage Certified Inc. is happy to represent buyers viewing this property.

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Location

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About Burlington

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$2,299,000
2430 - 2432 First Street, Burlington, ON L7R 1C6
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💰 Sold-comp analysis · Free

What is this home really worth?

Hunter pulls the last 6 months of actual closed sales on this street, computes the average sold price, days on market, and sold-to-list ratio — then tells you if 2430 - 2432 First Street, B... is priced fairly, over, or under.

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