5749 Summer Street, Niagara Falls, Ontario L2G 1M5 is For Sale and has a listing price of 970,000. The property is located in the Niagara Falls . It's been on the website for 133 Days.
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!
List Date | MLS ID | List Price | Status | End Date | Closed Price |
---|---|---|---|---|---|
06/29/2025 | X12252310 | $970,000 | For Sale | - | - |
04/18/2025 | X12091339 | $970,000 | For Sale | - | - |
03/01/2024 | X9402984 | $1,800 | For Lease | $1,800 |