$940,000
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5749 Summer Street, Niagara Falls (hospital), ON L2G1M5

10 Beds
1 Bath
0 Sq Ft

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. (id:58753)

  • MLS® X13233040
  • Date Listed06/03/2026
  • Days on Realty 3 Days
  • Bedrooms 10
  • Bathrooms 1 baths
  • Lot Size 420,136,200 sq. ft
  • Property Type Multi Family
  • Water Public

Interior Features

  • Cooling None
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 420,136,200.00
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for L2G1M5

Discover key demographics, population statistics, and environmental insights for the Niagara Falls (hospital), ON area.

Walkability in ON / L2G1M5

Source: Walk Score

85/100

Very Walkable

Walk Score ®

48/100

Some Transit

Transit Score ®

50/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.


Transit Summary

15 nearby routes: 15 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 36/100, Transit Score: 27/100, Bike Score: 42/100.

Points of Interest near 5749 SUMMER STREET, Niagara Falls (Hospital), ON L2G1M5

Frequently Asked Questions for 5749 SUMMER STREET

Source: Realty.com

5749 SUMMER STREET, Niagara Falls (Hospital), ON L2G1M5 in Niagara Falls (Hospital), ON L2G1M5 is a multi family listed at $940,000. Highlights include 10 bedrooms, 1 bathroom. Realty.ca has 42 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 42 photos of 5749 SUMMER STREET.

The full address for this home is 5749 SUMMER STREET, Niagara Falls (Hospital), ON L2G1M5.

5749 SUMMER STREET has been listed on Realty.com since Wed June 03, 2026

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 36/100, Transit Score: 27/100, Bike Score: 42/100.

Listing provided courtesy of: Royal LePage Our Neighbourhood Realty
Listing agent: TARA HUSSEIN

This content last refreshed on 2026-06-06 06:08:36. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.