For Sale - 5749 Summer Street, Niagara Falls, Ontario

Est payment $4,514/mo
Views   1
Time on Jump  76 day
  • Legal non-conforming 4-plex with an in-law suite and separate entrance.
  • Five 2-bedroom units and a detached double garage on a large lot.
  • Recent upgrades totaling approximately $240,000 across multiple units.
  • Gross annual income of around $97,686 with an attractive cap rate.
  • Prime location near hospital, transit, shopping, and evolving amenities.



Legal non-conforming 4-plex + in-law suite | prime investment opportunity. Fantastic income property featuring 5 x 2-bedroom units, including a lower-level 2-bedroom in-law suite with separate entrance. Set on a large 60. 14 x 160. 75 ft lot, this turnkey building includes a detached double garage, concrete driveway, and parking for all units. Four units have been recently renovated with approx $240,000 in upgrades, plus a brand-new coin-operated laundry room (2024). Additional updates include breaker panels, windows and doors, basement waterproofing, roofs (2011), boiler (2012), and bathroom upgrades throughout several units. Gross annual income approximately $97,686 with a desirable cap rate exceeding 8%. Ideally located just steps from the hospital, public transit, shopping, and other amenities in a rapidly evolving area of niagara falls. Whether maintaining the existing income-producing assets or investigating future redevelopment possibilities, buyers are encouraged to complete their own due diligence regarding zoning, permitted uses, redevelopment potential, and municipal requirements. A rare opportunity to acquire a high-performing income property with immediate cash flow, significant recent capital improvements, and potential long-term upside in one of niagara falls' growing neighbourhoods.
Listing IDX13233040
Address5749 Summer Street
CityNiagara Falls, Ontario
Price$940,000
Bed / Bath10 / 1 Full
StyleInvestment
Land Size9645
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentHeating / Cooling Gas Forced Air Open
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Listing Agency:  Royal LePage Our Neighbourhood Realty

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5749 Summer Street
Niagara Falls , Ontario
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