5749 Summer Street

Niagara Falls, ON

10 bed • 1 bath • 0.22 sqft • Investment • 294 days on market

$940,000

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.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: $96,500! with very desirable CAP rate of over 8% ! Located steps from the hospital, transit, and amenities. Development potential on an oversized lot in a high-demand location!

Listing Details

Taxes (2024): $4,513
Listed: October 31, 2025

Price History

Listing history

Property

Lot Size: 60.14 x 160.75 Feet

Location & Legal

Cross Street: Summer St. & Temperance Ave
Zoning: R2
Parcel Number: 643160082
Possession: Flexible

Commercial

Occupancy: Tenant

Community

Postal area L2G

Population: 30,344
Private dwellings: 13,412
Median age: 44.8
Average household size: 2.4
Median household income: $69,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Niagara Falls · last 12 months

Median sold price: $560,000
Homes sold: 1,075
Median days on market: 31
Sale-to-list price: 96.1%

Based on 1,075 recorded sales of commercial properties in Niagara Falls over the last 12 months.

Listed by

Royal LePage Our Neighbourhood Realty

Walk Score

Walk

Transit

Bike

Scores by Walk Score®