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For saleMLS® W13499188

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

Brant · L7R 1C6

$2,299,000

$766 / sq ft

4 months on market

Bedrooms
8
Bathrooms
4
Interior
3,000 sf
Parking
7
Lot
132 × 70 ft

What's special

  • Detached garage
  • Central air

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About this property

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.

Rooms

14 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
KitchenFlat3.64 × 3.28 m11.9 × 10.8 ftOverlooks Backyard · Overlooks Dining · W/O To Deck
Dining RoomFlat3.93 × 1.84 m12.9 × 6.0 ftOpen Concept · Combined w/Living · Hardwood Floor
Living RoomFlat3.93 × 2.86 m12.9 × 9.4 ftOpen Concept · Combined w/Dining · Hardwood Floor
Primary BedroomFlat3.01 × 3.44 m9.9 × 11.3 ftCloset · Window · Hardwood Floor
Bedroom 2Flat2.75 × 2.99 m9.0 × 9.8 ftWindow · Hardwood Floor
KitchenFlat3.28 × 2.11 m10.8 × 6.9 ftStainless Steel Appl · Double Sink · W/O To Deck
Dining RoomFlat3.28 × 1.52 m10.8 × 5.0 ftOverlooks Backyard · Combined w/Kitchen · Tile Floor
Living RoomFlat4.68 × 3.97 m15.4 × 13.0 ftOverlooks Frontyard · Window · Hardwood Floor
Primary BedroomFlat3.45 × 2.99 m11.3 × 9.8 ftCloset · Window · Hardwood Floor
Bedroom 2Flat3.01 × 2.76 m9.9 × 9.1 ftCloset · Window · Hardwood Floor
KitchenFlat3.61 × 3.26 m11.8 × 10.7 ftBreakfast Bar · Double Sink · Walk-Out
Dining RoomFlat2.74 × 3.01 m9.0 × 9.9 ftSliding Doors · Window · W/O To Deck
Living RoomFlat3.91 × 4.63 m12.8 × 15.2 ftOpen Concept · Pot Lights · Hardwood Floor
BedroomFlat3.01 × 3.44 m9.9 × 11.3 ftOverlooks Backyard · Window · Hardwood Floor

Features

  • Other

Property details

Property

Property type
multiplex
Bedrooms
8
Bathrooms
4
Interior size
3,000 sq ft
Lot size
132 × 70 ft
Zoning
R3.2, RH1
Possession
TBD

Interior

Heating
Forced Air · Gas
Cooling
Central Air
Exposure
South

Exterior & services

Construction
Brick
Garage
Detached
Parking spaces
7
Sewer
Sewer

Costs

List price
$2,299,000
Property taxes
$8,997 / year (2026)
Price per sq ft
$766
Rental items
Hot water tank (if rental)

Listing

MLS® number
W13499188
Status
For sale
Listed
June 29, 2026
Days on market
129
Last updated
August 17, 2026
Listing brokerage
SAM MCDADI REAL ESTATE INC.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

Mortgage estimate

Down payment20.0% · minimum $459,800
$459,800
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$10,169.25
Property tax (est.)
$749.75
Estimated monthly
$10,919

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$43,950
Total due on closing
$43,950

An estimate on the asking price of $2,299,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of SAM MCDADI REAL ESTATE INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$2,299,000

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