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

CAD 2,299,000
For Sale MLS: W12973256

Property Details

Bedrooms

8

Bathrooms

4

Property Type

Fourplex

Description

Property Details: - Type: Fourplex - Bedrooms: 8 - Bathrooms: 4 - MLS#: W12973256 Listed By: SAM MCDADI REAL ESTATE INC.

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. This fourplex home located at 2430 - 2432 First Street, Burlington is currently for sale and has been available on Zolo.ca for 16 days. This property is listed at $2,299,000 with an estimated mortgage of $8,462* per month. It has 8 beds, 4 bathrooms, and is 3000-3500 square feet. 2430 - 2432 First Street, Burlington is in the Brant neighborhood Burlington. 312 Central, Rural Burlington and 311 Maple are nearby neighborhoods.

Location

Address

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

City

Burlington

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