About 5749 Summer Street
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!
Features of 5749 Summer Street
| MLS® # | X12091339 |
|---|---|
| Price | $970,000 |
| Bedrooms | 10 |
| Bathrooms | 5.00 |
| Square Footage | 1,500 |
| Acres | 0.00 |
| Type | Residential |
| Style | 2-Storey |
| Status | Active |
Community Information
| Address | 5749 Summer Street |
|---|---|
| Area | Niagara |
| Subdivision | 215 - Hospital |
| City | Niagara Falls |
| Province | ON |
| Postal Code | L2G 1M5 |
Amenities
| Parking Spaces | 4 |
|---|---|
| # of Garages | 2.00 |
| Garages | Detached |
| Is Waterfront | No |
| Pool | None |
Interior
| Heating | Other |
|---|---|
| Cooling | None |
| Fireplace | No |
| Basement | Walk-Up |
Exterior
| Exterior | Brick, Vinyl Siding |
|---|
Additional Information
| Date Last Updated | October 15th, 2025 |
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Listing Details
| Office | OUR NEIGHBOURHOOD REALTY INC. |
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