For Sale: 2430 - 2432 First Street, Burlington, ON - REW
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$2,299,000
8 bd 4 ba 3000 - 3500 sf Fourplex

2430 - 2432 First StreetBurlington, ON, L7R 1C6

Brant
  • 8 Bed
  • 4 Bath
  • 3000 - 3500 Sqft
  • Fourplex

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.
Listed by: Sam Allan Mcdadi, SALESPERSON, SAM MCDADI REAL ESTATE INC.

Home facts and features

Price details
List Price
Gross Taxes for 2026
$8,997
Home facts
Bedrooms
8
Full Bathrooms
4
Parking Spaces
7
Parking Details
Private
Property Type
Fourplex
Lot Size
132 ft x 70 ft (9240 ft²)
Depth
70.0
Frontage
132.0
Exterior Finish
Brick
Heating Type
Forced Air, Gas
Cooling
Central Air
Features
Carbon Monoxide Detectors, Fenced Yard, Golf, Library, Park, Patio, Porch, Privacy, Public Transit, School
Community
Agent details
Primary Agent
Sam Allan Mcdadi
Primary Broker
SAM MCDADI REAL ESTATE INC.
Listing details
Days on REW
58 Days
Property Views
11
MLS® Number
W12973256
Source
Toronto Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Lakeshore Public School
  • Public
  • JK - 6
Blyth Academy - Burlington
  • Private
  • 6 - 12
John T Tuck Public School
  • Public
  • JK - 8
St Paul School
  • Catholic
  • JK - 8
Tecumseh Public School
  • Public
  • JK - 8
Assumption Roman Catholic Secondary School
  • Catholic
  • 9 - 12
St Johns School
  • Catholic
  • JK - 8
Ryerson Public School
  • Public
  • JK - 6
Tom Thomson Public School
  • Public
  • JK - 6
Central Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-05.