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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

$ 2,299,000

Est. payment | -/mo

8 Beds

4 Baths

Save

$ 2,299,000

Est. payment | -/mo

Save

8 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision Brant

MLS Listing ID W12973256

Style 2-Storey

Bedrooms 8

Annual Tax Amount $8,997

Tax Year 2026

Property Sub-Type Fourplex

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.

Location

Province ON

County Halton

Area Halton

Zoning R3.2, RH1

Rooms

Family Room Yes

Basement None

Kitchen 4

Interior

Interior Features Other

Cooling Central Air

Inclusions All electrical light fixtures, window, coverings, kitchen appliances, washer & dryer(s).

Exterior

Exterior Feature Privacy, Porch, Patio

Parking Features Private

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 132.0

Lot Depth 70.0

Total Parking Spaces 7

Building

Foundation Poured Concrete

Others

Senior Community Yes

Security Features Carbon Monoxide Detectors

ParcelsYN No

Listed by SAM MCDADI REAL ESTATE INC.

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2430 - 2432 First ST Burlington, ON L7R 1C6