5749 Summer Street, Niagara Falls, ON L2G 1M5
Niagara Falls
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 5749 Summer Street, Niagara Falls, ON L2G 1M5
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X13233040
Listed by Royal LePage Our Neighbourhood Realty
On market since Jun 3, 2026
5749 Summer Street, Niagara Falls, ON L2G 1M5 is listed for $940,000 CAD.
5749 Summer Street, Niagara Falls, ON L2G 1M5 has 10 bedrooms and 1 bathroom.
5749 Summer Street, Niagara Falls, ON L2G 1M5 is a Investment.
5749 Summer Street, Niagara Falls, ON L2G 1M5 is in Niagara Falls, Ontario.
5749 Summer Street, Niagara Falls, ON L2G 1M5 is currently for sale.
Contact Avi Hayev at +16471112222 to arrange a private showing of 5749 Summer Street, Niagara Falls, ON L2G 1M5 (MLS# X13233040). You can also send a message through the contact form on this site.
