For Sale

5749 Summer Street, Niagara Falls, Ontario L2G 1M5

$0

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.

  • Multiplex
    Property Type
  • 10
    Bedrooms
  • 5
    Bathrooms
  • MLS ID: X12091339
  • Office Name OUR NEIGHBOURHOOD REALTY INC.
Property Description

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!

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12091339
  • Price: $970,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 160.75
  • Ref ID: X12091339
  • Approx Sqft: 1500-2000
  • Dir / Cross St: Summer St. & Temperance Ave
  • Status: Active
  • Tax Year: 2024
  • Property Type: Multiplex
  • Property Sub Category: Commercial
Price History
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
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Niagara Falls
  • $819,620 Average List Price
    based on 1 year
  • 375 New Listings
    based on 30 days
  • 75 Median Days on Market
    based on 1 year
  • List vs. Selling Price 220.32 % Up
  • Sold (12mo) 791
  • Rented (12mo) 377

  • 1 Month Change -25.3%
  • 3 Month Change -0.9%
  • 6 Month Change -32.2%
Walkscore
Property Type Distribution
  • All Houses
    78.38%
  • Commercial
    6.51%
  • Condo
    14.76%
  • Land for Sale
    0.35%
Additional Details
  • Heat Type Other
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Garage Type Detached
  • Parking Spaces: 4
  • Exterior Brick, Vinyl Siding
  • Kitchen 5
  • Washrooms Type 1 # Pcs: 3
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 3 # Pcs: 3
  • Washrooms Type 4 # Pcs: 3
  • Washrooms Type 5 # Pcs: 3
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Washrooms Type 4: 1
  • Washrooms Type 5: 1
  • Taxes: $4,513
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Felxible
  • Listing Entry Date: 18/04/2025 16:25:10
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