Apartment buildings for sale in Hamilton–Niagara
2430 - 2432 First Street, Burlington
2 to 5 units
Listed by SAM MCDADI REAL ESTATE INC.
Updated August 17, 2026
$2,299,000
Underwrite this building
Opens our underwriting tool with this listing's price filled in. Every assumption stays editable.
Request the package
We'll send the full listing package and, if useful, our read on the numbers.


























Details from the listing
| Property taxes | $8,997 (2026) |
| Lot size | 0.209 acres |
| Occupancy | Tenant |
| Heat | Forced Air, Gas |
From the listing
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.
Request the package
We'll send the full listing package and, if useful, our read on the numbers.
Your details are used to deliver the package and follow up on this listing only, unless you also subscribe above.
Listings refreshed October 1, 2026 at 12:25 a.m. ET