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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
    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!
    13 days
    on Zillow
    |
    28
    |
    1
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    Zillow last checked: 7 hours ago

    Listing updated: April 27, 2025 at 02:05pm

    Listed by:

    OUR NEIGHBOURHOOD REALTY INC.

    Source: TRREB,MLS®#: X12091339MLS LogoOriginating 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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