5749 Summer Street, Niagara Falls, ON L2G 1M5
Niagara Falls
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 5749 Summer Street, Niagara Falls, ON L2G 1M5
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MLS# X13233040
Listed by Royal LePage Our Neighbourhood Realty
On market since Jun 3, 2026
What comparable homes actually sold for in the last 12 months.
5749 Summer Street, Niagara Falls, ON L2G 1M5 is listed for $940,000 CAD.
5749 Summer Street, Niagara Falls, ON L2G 1M5 has 10 bedrooms and 1 bathroom.
5749 Summer Street, Niagara Falls, ON L2G 1M5 is a Investment.
5749 Summer Street, Niagara Falls, ON L2G 1M5 is in Niagara Falls, Ontario.
5749 Summer Street, Niagara Falls, ON L2G 1M5 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 5749 Summer Street, Niagara Falls, ON L2G 1M5 (MLS# X13233040). You can also send a message through the contact form on this site.
