5749 Summer Street
Niagara Falls, ON
- 10 bed
- 1 bath
- 0.22 sqft
- Investment
- 97 days on market
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. 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 Details
- Taxes (2025)
- $4,788
- Listed
- June 1, 2026
Price History
Listing history
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Property
- Lot Size
- 60.14 x 160.75 Feet
Parking
- Garage
- Double Detached
Location & Legal
- Cross Street
- Summer St. & Temperance Ave
- Zoning
- R2
- Parcel Number
- 643160082
- Possession
- Flexible
- 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
- 1,066
- Median days on market
- 31
- Sale-to-list price
- 96.2%
Based on 1,066 recorded sales of commercial properties in Niagara Falls over the last 12 months.
Listed by
Royal LePage Our Neighbourhood Realty
Walk Score
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Location
Street View
Commercial figures
- Annual property tax
- $4,788
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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