368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com

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

$2,299,000
  • Sale
  • Fourplex
  • 54 days ago
  • Updated: 2026-04-22

Property Overview

Property Type
Fourplex
Bedrooms
8
Bathrooms
4
Garage
Detached/6
Size
N/A
Age
N/A
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.

Key Details

  • W12973256
  • Detached/6
  • $2,299,000
  • Tenant
  • None
  • 4 + 4
  • 2-Storey
  • 8
  • 4
  • 3000-3500 Sqft
  • 0.209 Acres
  • N/A
  • Fourplex
  • Sale

Additional Details

  • Forced Air / Gas
  • R3.2, RH1
  • $8997
  • 2026
  • LT 7 , BLK B, PL 45 ; PT LT 8 , BLK B, PL 45 , BEING THE NW 4 FEET CITY OF BURLINGTON
  • N/A
  • N
  • 0.209
  • None
  • Central Air
  • Privacy,Porch,Patio
  • Park,Public Transit,School,Golf,Fenced Yard,Library
  • Municipal
RoomLevelSize
KitchenFlat3.28 x 3.64 (m)
Dining RoomFlat1.84 x 3.93 (m)
Living RoomFlat2.86 x 3.93 (m)
Primary BedroomFlat3.44 x 3.01 (m)
Bedroom 2Flat2.99 x 2.75 (m)
KitchenFlat2.11 x 3.28 (m)
Dining RoomFlat1.52 x 3.28 (m)
Living RoomFlat3.97 x 4.68 (m)
Primary BedroomFlat2.99 x 3.45 (m)
Bedroom 2Flat2.76 x 3.01 (m)
KitchenFlat3.26 x 3.61 (m)
Dining RoomFlat3.01 x 2.74 (m)
Living RoomFlat4.63 x 3.91 (m)
BedroomFlat3.44 x 3.01 (m)
Neighbourhood profile DA 35240469 · 2021 Census

Key signals

Owner vs renter

Owner vs renter split.

Median home value

Owner cost / mo

Median rent / mo

Owner : renter

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Homes by decade.

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before tax

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Education (ages 25-64)

Population

Median age

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Age groups.

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labour force

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of employed

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stable jobs

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Pop. density

per km²

5-yr stability

did not move

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since 2016

Pressure index

Pressure indicators.

Neighbourhood mobility (5 yr)

Statistics Canada, 2021 Census, Dissemination Areas (98-401-X2021006).

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FAQ
  • What is the total square footage of the w12973256 - 2430 - 2432 First Street, Burlington, ON L7R 1C6?

    The total square footage of this property is 3000-3500 SqFt.

  • What schools near to w12973256 - 2430 - 2432 First Street, Burlington, ON L7R 1C6?

    The nearest schools are Lakeshore Public School for elementary and Gary Allan High School - Burlington for secondary.

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