Space
Finished area and layout
- Bedrooms
- 10
- Bathrooms
- 1
+35 more
10
Bedrooms
1
Bathrooms
9,645 ac
Lot
4
Parking
Property Snapshot
Key details for this listing
MLS #X13233040
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
Lot
Land, frontage and setting
About This Property
This 10-bedroom, 1-bathroom multi-family in Niagara Falls offers a 9,645 ac lot. The property has lot dimensions of 9645. The home features forced air, natural gas heating, none. Highlights include a 4-car garage.
MLS Remarks
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. 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. (id:60351)
Full Listing Details
Address5749 SUMMER STREET
MLS#X13233040
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
List DateJun 1, 2026
Days on Market147
Common InterestFreehold
Annual Tax$4,788
Parking4 (4 garage)
Possession DetailsTBD
Structure TypeMulti-Family
AttachedAttached
StyleMultiplex
Bedrooms10
Bathrooms1
CityNiagara Falls
Neighbourhood215 - Hospital
ProvinceOntario
Postal CodeL2G1M5
Lot Size9,645 ac
Lot Dimensions9645
Frontage60.1 feet
Zoning DetailsR2
Total Parking4
Garage Spaces4
HeatingForced air, Natural gas
CoolingNone
Water SourceMunicipal water
Annual Tax$4,788
Summer St. & Temperance Ave
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