Gurvinder Nokwal REALTOR®
For Sale Fourplex 112 days on market

$2,299,000

Est. payment $10,179/moCalculate yours

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

Brant, Burlington, ON L7R 1C6

  • 8 Beds
  • 4 Baths
  • 1 Garage
  • 3,000 Sq Ft

Listing courtesy of SAM MCDADI REAL ESTATE INC. MLS® W13499188

About this home

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.

Property details

Overview

Property Type
Fourplex
Style
2-Storey
For
For Sale
Status
Extension
Size
3,000 sqft

Interior

Bedrooms
8
Bathrooms
4
Kitchens
4
Basement
None

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
132 x 70 Feet
Parking
Detached garage · 7 total
Zoning
R3.2, RH1

Financial

Property Taxes
$8,997 (2026)

Location

Neighbourhood
Brant
Cross Street
via Guelph Line and First St, then turn right at the 1st cross street onto First St.
Direction Faces
South

Listing

MLS® Number
W13499188
Days on Market
112
Listed On
2026-06-28
Possession
TBD
Listed By
SAM MCDADI REAL ESTATE INC.

Rooms

Room Level Dimensions
Living Room Flat 12′ 11″ × 9′ 5″
Kitchen Flat 10′ 9″ × 6′ 11″
Living Room Flat 12′ 10″ × 15′ 2″
Dining Room Flat 9′ 0″ × 9′ 11″
Living Room Flat 15′ 4″ × 13′ 0″
Dining Room Flat 10′ 9″ × 5′ 0″
Bedroom 2 Flat 9′ 0″ × 9′ 10″
Bedroom Flat 9′ 11″ × 11′ 3″
Kitchen Flat 11′ 10″ × 10′ 8″
Primary Bedroom Flat 11′ 4″ × 9′ 10″
Primary Bedroom Flat 9′ 11″ × 11′ 3″
Kitchen Flat 11′ 11″ × 10′ 9″
Bedroom 2 Flat 9′ 11″ × 9′ 1″
Dining Room Flat 12′ 11″ × 6′ 0″

Features

Interior

  • Other

Property

  • Park
  • Public Transit
  • School
  • Golf
  • Fenced Yard
  • Library

Pool

  • None
Included
All electrical light fixtures, window, coverings, kitchen appliances, washer & dryer(s).
Excluded
Fixtures belonging to tenants.
Rental items
Hot water tank (if rental)

Mortgage calculator

Minimum for this price: $459,800 (20%)

Amortization, years

Estimated mortgage payment

$10,179 per month

Principal and interest
$10,179
Property tax
$750
Estimated monthly cost
$10,929

Your mortgage

Mortgage amount
$1,839,200
Mortgage insurance
Not needed
Interest over 25 years
$1,214,642

Cash to close

Down payment
$459,800
Land transfer tax
$43,950
Total, before legal fees
$503,750
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

2430 - 2432 First Street, Burlington, ON L7R 1C6 Brant, Burlington, ON L7R 1C6
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$2,299,000 2430 - 2432 First Street, Burlington, ON L7R 1C6
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