Listed for:Listed Jun 28, 2026
$2,299,000

2430 - 2432 First Street

Burlington (Brant), ON L7R 1C6

Multiplex For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 2430 - 2432 First Street, Burlington, Brant

No listing history available

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About 2430 - 2432 First Street, Burlington, Brant

Summarized Description

  • Four self-contained apartments generating immediate income.
  • Projected income over $100,000 annually.
  • Private outdoor decks enhance tenant appeal.
  • Dedicated parking for convenience.
  • Zoned for potential future development.
  • Located near waterfront parks and downtown.
  • Easy access to major highways.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$8,997
Land Transfer Tax Fee
$43,950

Rental Items

Rental Equipment
Hot water tank (if rental)

Basement Type
None

Interior Features

Interior Extras
Other
Security Features
Carbon Monoxide Detectors
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Privacy, Porch, Patio
Pool
None
Property Features
Park, Public Transit, School, Golf, Fenced Yard, Library

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
132.00 ft
Lot Depth
70.00 ft
Lot Size
0.209

Inclusions

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

Exclusions

Exclusions
Fixtures belonging to tenants.

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
6
Total Garage And Parking Spaces
7

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
8
Washrooms
4
Kitchens
4
Family / bonus room
Yes

Room sizes

  • Living Room—
    Flat level, Open Concept, Combined w/Dining, Hardwood Floor
  • Kitchen—
    Flat level, Stainless Steel Appl, Double Sink, W/O To Deck
  • Living Room—
    Flat level, Open Concept, Pot Lights, Hardwood Floor
  • Dining Room—
    Flat level, Sliding Doors, Window, W/O To Deck
  • Living Room—
    Flat level, Overlooks Frontyard, Window, Hardwood Floor
  • Dining Room—
    Flat level, Overlooks Backyard, Combined w/Kitchen, Tile Floor
  • Bedroom 2—
    Flat level, Window, Hardwood Floor
  • Bedroom—
    Flat level, Overlooks Backyard, Window, Hardwood Floor
  • Kitchen—
    Flat level, Breakfast Bar, Double Sink, Walk-Out
  • Primary Bedroom—
    Flat level, Closet, Window, Hardwood Floor
  • Primary Bedroom—
    Flat level, Closet, Window, Hardwood Floor
  • Kitchen—
    Flat level, Overlooks Backyard, Overlooks Dining, W/O To Deck
  • Bedroom 2—
    Flat level, Closet, Window, Hardwood Floor
  • Dining Room—
    Flat level, Open Concept, Combined w/Living, Hardwood Floor

Washrooms

  • 4-piece

Municipality
Burlington
Neighbourhood
Brant
Main cross streets
via Guelph Line and First St, then turn right at the 1st cross street onto First St.
Zoning
R3.2, RH1
Directions
via Guelph Line and First St, then turn right at the 1st cross street onto First St.

MLS® number
W13499188
Data source
Toronto Regional Real Estate Board
Listed on
2026-06-28
Updated on
2026-08-17
Days on market
118 days
Possession type
60-89 days
Co-op commission
2.5% + Applicable HST*
Seller
Listed by
SAM MCDADI REAL ESTATE INC.

Home Market Value

Current home valuation for 2430 - 2432 First Street, Burlington, Brant, Burlington, ON. Listed for $2,299,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 2430 - 2432 First Street, Burlington, Brant

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Burlington, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$459,800

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$1,839,200$1,724,250$1,609,300$1,494,350
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$8,980monthly$8,419monthly$7,857monthly$7,296monthly
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Land Transfer Tax

Provincial

$43,950

Total Land Transfer Tax

$43,950

Around this home

3/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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