More Photos

×

    For Sale - 5749 Summer Street, Niagara Falls, Ontario

    Est payment $4,514/mo
    Get pre-qualified
    Views   1
    Time on Jump  19 day

    AI Summary *

    • 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. Potential land assembly opportunity: the adjacent corner parcel is also currently available for purchase (sold separately), offering purchasers the opportunity to explore a potential land assembly and larger combined site footprint. 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

    ASAP

    Tue

    23

    Jun

    Wed

    24

    Jun

    Thu

    25

    Jun

    Fri

    26

    Jun

    Sat

    27

    Jun

    Sun

    28

    Jun

    Mon

    29

    Jun

    Tue

    30

    Jun

    Wed

    1

    Jul

    Thu

    2

    Jul

    Fri

    3

    Jul

    Sat

    4

    Jul

    Sun

    5

    Jul

    Mon

    6

    Jul

    Tue

    7

    Jul

    Wed

    8

    Jul

    Thu

    9

    Jul

    Fri

    10

    Jul

    Sat

    11

    Jul

    Sun

    12

    Jul

    Mon

    13

    Jul

    Tue

    14

    Jul

    Wed

    15

    Jul

    Thu

    16

    Jul

    Fri

    17

    Jul

    Sat

    18

    Jul

    Sun

    19

    Jul

    Mon

    20

    Jul

    Tue

    21

    Jul

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Agency:  Royal LePage Our Neighbourhood Realty

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    62 West Street
    Port Colborne, Ontario.
    4 Beds | 2 Baths
    $695,000
    26 Harvest Drive
    Niagara-On-The-Lake, Ontari…
    2 Beds | 2 Baths
    $1,298,000
    2427 North Shore Road
    Algonquin Highlands, Ontari…
    5 Beds | 2 Baths
    $515,000
    25 Harvest Drive
    Niagara-On-The-Lake, Ontari…
    2 Beds | 2 Baths
    $1,284,000
    13 Creek Street
    Cramahe, Ontario.
    5 Beds | 2 Baths
    $599,000
    29 Harvest Drive
    Niagara-On-The-Lake, Ontari…
    2 Beds | 2 Baths
    $1,299,000
    5 Middleton Drive
    Wasaga Beach, Ontario.
    4 Beds | 4 Baths
    $929,900
    320 River Side Drive
    Oakville, Ontario.
    3 Beds | 2 Baths
    $1,499,999
    85 10th Street
    Hanover, Ontario.
    6 Beds | 5 Baths
    $799,000
    Loading...
    5749 Summer Street
    Niagara Falls , Ontario
    10 1 $940,000
    Get more info