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Listed price in listed location currency (CAD).
$940,000

1014

MLS® X13233040

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage Double Detached
Taxes $4,788
Days Active 84
Lot Size 0.22 Acres
Approx. Age 
MLS® Number X13233040

Property Address: 5749 Summer St, Niagara Falls, ON, L2G1M5

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberX13233040
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageDouble Detached
Approx. Age
Basement
DrivewayGarage Type:Double Detached
Garage Spaces
HeatGas Forced Air Open
A/CNo

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $940,000

For Sale · 84 days

$940,000

MLS® X13233040

3 months ago

Not Sold Yet

June 2026, For Sale for $940,000

For Sale · 84 days

$940,000

MLS® X13233040

3 months ago

Not Sold Yet

April 2026, Withdrawn for $940,000

Withdrawn · 177 days

$940,000

MLS® X12501164

4 months ago

Canceled on Apr 30, 2026

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