$2,299,000
Available - For Sale
Listing ID: W12973256
2430 - First Street , Burlington, L7R 1C6, Halton
| 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. |
| Price | $2,299,000 |
| Taxes: | $8997.00 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 2430 - First Street , Burlington, L7R 1C6, Halton |
| Acreage: | < .50 |
| Directions/Cross Streets: | via Guelph Line and First St, then turn right at the 1st cross street onto First St. |
| Rooms: | 18 |
| Bedrooms: | 8 |
| Bedrooms +: | 0 |
| Family Room: | T |
| Basement: | None |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Flat | Kitchen | 11.94 | 10.76 | Overlooks Backyard, Overlooks Dining, W/O To Deck |
| Room 2 | Flat | Dining Ro | 12.89 | 6.04 | Open Concept, Combined w/Living, Hardwood Floor |
| Room 3 | Flat | Living Ro | 12.89 | 9.38 | Open Concept, Combined w/Dining, Hardwood Floor |
| Room 4 | Flat | Primary B | 9.87 | 11.28 | Closet, Window, Hardwood Floor |
| Room 5 | Flat | Bedroom 2 | 9.02 | 9.81 | Window, Hardwood Floor |
| Room 6 | Flat | Kitchen | 10.76 | 6.92 | Stainless Steel Appl, Double Sink, W/O To Deck |
| Room 7 | Flat | Dining Ro | 10.76 | 4.99 | Overlooks Backyard, Combined w/Kitchen, Tile Floor |
| Room 8 | Flat | Living Ro | 15.35 | 13.02 | Overlooks Frontyard, Window, Hardwood Floor |
| Room 9 | Flat | Primary B | 11.32 | 9.81 | Closet, Window, Hardwood Floor |
| Room 10 | Flat | Bedroom 2 | 9.87 | 9.05 | Closet, Window, Hardwood Floor |
| Room 11 | Flat | Kitchen | 11.84 | 10.69 | Breakfast Bar, Double Sink, Walk-Out |
| Room 12 | Flat | Dining Ro | 8.99 | 9.87 | Sliding Doors, Window, W/O To Deck |
| Room 13 | Flat | Living Ro | 12.82 | 15.19 | Open Concept, Pot Lights, Hardwood Floor |
| Room 14 | Flat | Bedroom | 9.87 | 11.28 | Overlooks Backyard, Window, Hardwood Floor |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Property Type: | Fourplex |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | Detached |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 6 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Square Footage: | 3000-3500 |
| Property Features: | Park, Public Transit |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| SAM MCDADI REAL ESTATE INC. |
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Hamid-Reza Danaie
Broker
Dir:
416-904-7200
Bus:
905-889-2200
Fax:
905-889-3322
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Halton |
| Municipality: | Burlington |
| Neighbourhood: | Brant |
| Style: | 2-Storey |
| Tax: | $8,997 |
| Beds: | 8 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
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