Legal Non-Conforming 4-Plex + In-Law Suite. Prime Investment Opportunity! Impressive rental income 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. 4 units recently renovated with over $240K in upgrades, plus a brand-new coin-operated laundry room (2024). Additional updates: breaker panels, windows/doors, basement waterproofing, roofs (2011), boiler (2012), and bathroom upgrades across several units. Gross annual income approx: $97,086! with very desirable CAP rate of approx 7.72%. Located steps from the hospital, transit, and amenities. Development potential on an oversized lot in a high-demand location!
For sale
C$970,000
5749 Summer St, Niagara Falls, ON L2G 1M5
10beds
5baths
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Detached double garageParking for all unitsBrand-new coin-operated laundry roomBreaker panelsBathroom upgradesOversized lot
- 13 days
- on Zillow |
- 28 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: April 27, 2025 at 02:05pm
Listed by:
OUR NEIGHBOURHOOD REALTY INC.
Source: TRREB,MLS®#: X12091339
Originating MLS®#: Toronto Regional Real Estate Board

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
Heating
- Other, Gas
Cooling
- None
Features
- Other
- Basement: Walk-Up Access
- Has fireplace: No
Interior area
- Living area range: 1500-2000 null
Property
Parking
- Total spaces: 6
- Parking features: Garage
- Has garage: Yes
Features
- Stories: 2
- Pool features: None
Lot
- Size: 9,645 Square Feet
Details
- Parcel number: 643160082
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Vinyl Siding
- Foundation: Concrete Block
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Niagara Falls
Financial & listing details
- Annual tax amount: C$4,513
- Date on market: 4/18/2025
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