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$2,299,000Asking Price

2432 First Street, Burlington, ON L7R 1C6

Brant, Burlington

Fourplex
8
Bedrooms
4
Baths
7
Parking
Days on Market

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.

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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 Info

  • 2-Storey Fourplex
  • 4+ Parking
  • Detached Garage
  • via Guelph Line and First St, then turn right at the 1st cross street onto First St.
  • 3000-3500 Approximate Sq Feet
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • Central Air

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $8,997 in 2026
  • Possession: 60-90/TBD

Details

  • Brick Exterior
  • No Fireplace
  • 4 Kitchens
  •  
  • MLS #W12973256
  • SAM MCDADI REAL ESTATE INC.

Extras

Room Floor Dimensions Details
1 Kitchen Flat 11.94' x 10.76' Overlooks Backyard, Overlooks Dining, Walkout To Deck
2 Kitchen Flat 10.76' x 6.92' Stainless Steel Appliances, Double Sink, Walkout To Deck
3 Kitchen Flat 11.84' x 10.70' Breakfast Bar, Double Sink, Walkout
Washroom4 4-Piece Bathrooms

Who lives here?

Brant, Burlington is a west GTA neighbourhood notable for its singles, renters and salespeople. It has a higher than average population of immigrants, particularly those from the UK. Residents tend to be older with a significant number of adults aged 25 to 34, 25 to 34 and 25 to 34 and seniors aged 65 to 79 and 65 to 79.

Families

Kids Per Family

0.8

kids per family
in the neighbourhood.

Burlington  (1.1)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

49% of residents are
single and loving it.

49% singles

Burlington (41%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

50% of residents
are renters.

50% renters

Burlington (24%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

39% of residents are
university grads.

39% university grads

Burlington (42%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$110K

is the average household
income in the neighbourhood.

Burlington  ($148K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 16%
Business 10%
Government 8%
Management 8%
Trades 6%

Immigrants

24% of residents were
born outside of Canada.

24% immigrants

Burlington (24%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

UK was once home to 5.4% of immigrants.
Philippines 1.4%
Caribbean 1.1%
USA 1.0%
India 1.0%

5.4% from UK
All-time

Birthplace - Recent

Philippines was once home to 0.4% of immigrants.
UK 0.4%
India 0.3%
Egypt 0.3%
Iran 0.3%

0.4% from Philippines
Recent

Foreign Languages

Foreign Languages

Arabic 2%
French 2%
Spanish 2%
Polish 1%
German 1%

Religions

Religions

Christian 70%
Muslim 2%
Jewish 1%
Hindu 1%
Sikh 1%