$940,000
FOR SALE

Investment

Lot: 60.14 x 160.75 ft
2025 Taxes: $4,788.28

5749 Summer St
Niagara Falls, ON L2G 1M5 | 215 - Hospital | Niagara

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.
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Listed By Royal LePage Our Neighbourhood Realty
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13233040
Last Updated Jun 03, 2026
Property Summary
Property Type Investment

More like this:
PIN 643160082
Legal Description LT 5 BLK 3 PL 299 NIAGARA FALLS; PT LT 6 BLK 3 PL 299 NIAGARA FALLS AS IN RO752118 ; NIAGARA FALLS
Possession Date TBD
Taxes (2025) $4,788.28
Directions/Cross Streets Summer St. & Temperance Ave
Neighbourhood 215 - Hospital
Area Niagara
Price History

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Detailed Information
Freestanding Y
Bedrooms 10
Bathrooms 1
Lot 60.14 x 160.75 ft
Air Conditioning No
Garage Type Double Detached
Parking Spaces 4
Heat Type Gas Forced Air Open

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