26
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$2,299,000
Est. payment /mo
8 Beds
4 Baths
Active
2430 - 2432 FIRST STREET Burlington, ON L7R1C6
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000 - 3500
Subdivision Brant
MLS® Listing ID W13499188
Bedrooms 8
Property Description
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:24570)
Location
Province ON
Rooms
Kitchen 3.0
Extra Room 1 Flat 3.64 m X 3.28 m Kitchen
Extra Room 2 Flat 3.61 m X 3.26 m Kitchen
Extra Room 3 Flat 2.74 m X 3.01 m Dining room
Extra Room 4 Flat 3.91 m X 4.63 m Living room
Extra Room 5 Flat 3.01 m X 3.44 m Bedroom
Extra Room 6 Flat 3.93 m X 1.84 m Dining room
Interior
Heating Forced air
Cooling Central air conditioning
Flooring Hardwood, Tile
Exterior
Parking Features Yes
Fence Fenced yard
View Y/N No
Attached Garage No
Total Parking Spaces 7
Garage Yes
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Others
Virtual Tour https://vimeo.com/1184100057?share=copy&fl=sv&fe=ci
Listed by SAM MCDADI REAL ESTATE INC.
NEARBY SCHOOL & BUSINESS
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