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2430 - 2432 FIRST STREET, Burlington, Ontario, L7R 1C6

MLS® # W12973256

Investment For Sale In Brant, Burlington, Ontario

$2,299,000

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2430 - 2432 First Street, Burlington, ON - Outdoor With View

2430 - 2432 First Street, Burlington, ON - Outdoor

2430 - 2432 First Street, Burlington, ON - Indoor Photo Showing Kitchen With Double Sink

2430 - 2432 First Street, Burlington, ON - Indoor Photo Showing Kitchen With Double Sink

2430 - 2432 First Street, Burlington, ON - Indoor Photo Showing Bedroom

2430 - 2432 First Street, Burlington, ON - Indoor Photo Showing Laundry Room

2430 - 2432 First Street, Burlington, ON - Outdoor

2430 - 2432 First Street, Burlington, ON - Outdoor With Deck Patio Veranda

2430 - 2432 First Street, Burlington, ON - Indoor

2430 - 2432 First Street, Burlington, ON - Indoor Photo Showing Bedroom

2430 - 2432 First Street, Burlington, ON - Indoor Photo Showing Laundry Room

2430 - 2432 First Street, Burlington, ON - Indoor Photo Showing Bathroom

2430 - 2432 First Street, Burlington, ON - Outdoor

2430 - 2432 First Street, Burlington, ON - Outdoor

2430 - 2432 First Street, Burlington, ON - Indoor Photo Showing Kitchen With Double Sink

2430 - 2432 First Street, Burlington, ON - Indoor Photo Showing Kitchen

2430 - 2432 First Street, Burlington, ON - Indoor Photo Showing Dining Room

2430 - 2432 First Street, Burlington, ON - Indoor Photo Showing Dining Room

2430 - 2432 First Street, Burlington, ON - Outdoor With Deck Patio Veranda

2430 - 2432 First Street, Burlington, ON - Indoor Photo Showing Laundry Room

2430 - 2432 First Street, Burlington, ON - Outdoor With Exterior

2430 - 2432 First Street, Burlington, ON - Outdoor

2430 - 2432 First Street, Burlington, ON - Outdoor

2430 - 2432 First Street, Burlington, ON - Outdoor With Body Of Water With View

2430 - 2432 First Street, Burlington, ON - Outdoor With View

2430 - 2432 First Street, Burlington, ON - Outdoor With Body Of Water With View

2430 - 2432 First Street, Burlington, ON - Outdoor With View

2430 - 2432 First Street, Burlington, ON - Outdoor

2430 - 2432 First Street, Burlington, ON - Indoor Photo Showing Kitchen With Double Sink

2430 - 2432 First Street, Burlington, ON - Indoor Photo Showing Kitchen With Double Sink

2430 - 2432 First Street, Burlington, ON - Indoor Photo Showing Bedroom

2430 - 2432 First Street, Burlington, ON - Indoor Photo Showing Laundry Room

2430 - 2432 First Street, Burlington, ON - Outdoor

2430 - 2432 First Street, Burlington, ON - Outdoor With Deck Patio Veranda

2430 - 2432 First Street, Burlington, ON - Indoor

2430 - 2432 First Street, Burlington, ON - Indoor Photo Showing Bedroom

2430 - 2432 First Street, Burlington, ON - Indoor Photo Showing Laundry Room

2430 - 2432 First Street, Burlington, ON - Indoor Photo Showing Bathroom

2430 - 2432 First Street, Burlington, ON - Outdoor

2430 - 2432 First Street, Burlington, ON - Outdoor

2430 - 2432 First Street, Burlington, ON - Indoor Photo Showing Kitchen With Double Sink

2430 - 2432 First Street, Burlington, ON - Indoor Photo Showing Kitchen

2430 - 2432 First Street, Burlington, ON - Indoor Photo Showing Dining Room

2430 - 2432 First Street, Burlington, ON - Indoor Photo Showing Dining Room

2430 - 2432 First Street, Burlington, ON - Outdoor With Deck Patio Veranda

2430 - 2432 First Street, Burlington, ON - Indoor Photo Showing Laundry Room

2430 - 2432 First Street, Burlington, ON - Outdoor With Exterior

2430 - 2432 First Street, Burlington, ON - Outdoor

2430 - 2432 First Street, Burlington, ON - Outdoor

2430 - 2432 First Street, Burlington, ON - Outdoor With Body Of Water With View

2430 - 2432 First Street, Burlington, ON - Outdoor With View

2430 - 2432 First Street, Burlington, ON - Outdoor With Body Of Water With View

Advertising

2430 - 2432 FIRST STREET, Burlington, Ontario, L7R 1C6

$2,299,000

Property Information:

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. (id:27)

Building Features:

Style: Multiplex
Building Type: Fourplex
Basement Type: None
Exterior Finish: Brick
Floor Space: 3000 - 3500 sqft
Flooring Type: Hardwood, Tile
Foundation Type: Poured Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Dryer, Washer

Property Features:

Property Type: Multi-family
Amenities Nearby: Park, Public Transit, Schools, Golf Nearby
Fence Type: Fenced yard
Floor Space (approx): 3000 - 3500 Square Feet
Irregular: Yes
Lot Depth: 70 Feet
Lot Frontage: 132 Feet
Lot Size: 132 x 70 FT
Structure Type: Porch, Patio(s)
Zoning: R3.2, RH1
Sewer: Sanitary sewer
Parking Type: Detached garage, Garage
No. of Parking Spaces: 7

Rooms:

Kitchen Flat/Apartment Level 3.64 m x 3.28 m
Kitchen Flat/Apartment Level 3.61 m x 3.26 m
Dining Flat/Apartment Level 2.74 m x 3.01 m
Living Flat/Apartment Level 3.91 m x 4.63 m
Bedroom Flat/Apartment Level 3.01 m x 3.44 m
Dining Flat/Apartment Level 3.93 m x 1.84 m
Living Flat/Apartment Level 3.93 m x 2.86 m
Primary Bedroom Flat/Apartment Level 3.01 m x 3.44 m
2nd Bedroom Flat/Apartment Level 2.75 m x 2.99 m
Kitchen Flat/Apartment Level 3.28 m x 2.11 m
Dining Flat/Apartment Level 3.28 m x 1.52 m
Living Flat/Apartment Level 4.68 m x 3.97 m
Primary Bedroom Flat/Apartment Level 3.45 m x 2.99 m
2nd Bedroom Flat/Apartment Level 3.01 m x 2.76 m

Convert Measurement to:

Courtesy of: SAM MCDADI REAL ESTATE INC.

Rating:

Notes:

Market Price Trends

Single family detached

-4.42%

Price change (1 year)

29.08%

Price change (5 years)

All Properties

-4.38%

Price change (1 year)

28.99%

Price change (5 years)

Location of 2430 - 2432 FIRST STREET, Burlington, Ontario, L7R 1C6

Lifestyle
Neighbourhood

Demographic Information of 2430 - 2432 FIRST STREET, Burlington, Ontario, L7R 1C6

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$221,306.54

Average Number of Children

1.68

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.74 %

High school certificate or equivalent

26.69 %

Apprenticeship trade certificate/diploma

5.45 %

College/non-university certificate

23.03 %

University certificate (below bachelor)

2.86 %

University Degree

31.22 %

Commuter

Travel To Work

By Car

93.11 %

By Public Transit

0.4 %

By Walking

0.01 %

By Bicycle

0.0 %

By Other Methods

6.48 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

50.62 %

Houses

49.38 %

Own Vs. Rent

2430 - 2432 FIRST STREET, Burlington, Ontario, L7R 1C6 $2,299,000 MLS® # W12973256