5749 Summer Street, Niagara Falls, ON L2G 1M5
215 - Hospital, Niagara Falls · Near Summer St. & Temperance Ave · View map
About this home
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.
The home
- Type
- Investment
- Square footage
- 0.22 sq ft
- Bedrooms
- 10
- Bathrooms
- 1
- Kitchens
- 5
- Lot size
- 60.1 x 160.8 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
Garage & parking
- Garage
- Double Detached
- Driveway spaces
- 4
- Total parking
- 4
Taxes & other
- Property taxes
- $4,788/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Summer St. & Temperance Ave
- Neighbourhood
- 215 - Hospital
More
- MLS® number
- X13233040
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
5749 Summer Street, Niagara Falls, ON L2G 1M5
215 - Hospital, Niagara Falls · Near Summer St. & Temperance Ave
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Listing history for 5749 Summer Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 5749 Summer Street
Answers come straight from this home’s MLS® listing.
How much is 5749 Summer Street listed for, and what would it cost each month?
5749 Summer Street is listed for $940,000. With 20% down ($188,000), the mortgage payment would be roughly $3,792 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,191 a month, all in. That figure is an illustration, not a quote.
Is 5749 Summer Street freehold or a condo, and is there a monthly fee?
5749 Summer Street is a investment in 215 - Hospital, Niagara Falls. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 5749 Summer Street have?
5749 Summer Street has 10 bedrooms and 1 bathroom.
Does 5749 Summer Street have a garage and parking?
Yes. The listing shows the garage as double detached. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.
What style of home is 5749 Summer Street?
5749 Summer Street is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 5749 Summer Street, and what is the lot size?
The lot is listed as 60.1 x 160.8 ft.
How is 5749 Summer Street heated and cooled?
Heating is gas forced air open. The listing does not show air conditioning.
What are the property taxes for 5749 Summer Street?
Property taxes are $4,788 a year (2025), or about $399 a month.
Where is 5749 Summer Street?
5749 Summer Street is in the 215 - Hospital community of Niagara Falls. The nearest main intersection is Summer St. & Temperance Ave. The postal code is L2G 1M5.
Is 5749 Summer Street still for sale?
Yes. It is an active listing (MLS® X13233040). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 5749 Summer Street asking?
Similar properties for sale nearby right now include 5689 MAIN Street at $1,180,000, 5024 Centre Street at $899,900 and 4770 Victoria Avenue at $998,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 5749 Summer Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 5749 Summer Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 215 - Hospital, picked by style, size and price.
Commercial retail$1,180,0005689 MAIN Street, Niagara Falls215 - HospitalCourtesy of: ANJIA REALTYView home →
Commercial retail$899,9005024 Centre Street, Niagara Falls214 - Clifton HillCourtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGEView home →
Land$998,0004770 Victoria Avenue, Niagara Falls210 - DowntownCourtesy of: HOMELIFE NEW WORLD REALTY INC.View home →Courtesy of: Royal LePage Our Neighbourhood Realty
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.