Filipe & Isabel Ferreira
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Filipe & Isabel Ferreira

REALTOR® · RECO Reg. # 1616044

RE/MAX Ultimate Realty Inc., Brokerage · RECO Reg. # 4713274

Cell/Direct: (647) 298-9299

1192 St Clair Ave W

Toronto, ON M6E 1B4

Office: (416) 656-3500

License# 4713274

Each office independently owned and operated. For even more listings, visit remax.ca.

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Home/MLS® Search/Niagara Falls/5749 Summer Street

5749 Summer Street

Niagara Falls, ON L2G 1M5

NewActiveFor Sale
10 Beds
1 Baths
9,645 Lot Sq Ft
Commercial
Ask Filipe about this propertyBook a Showing

About This Property

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.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: $96,500! with very desirable CAP rate of over 8% ! Located steps from the hospital, transit, and amenities. Development potential on an oversized lot in a high-demand location!

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Lot Size9,645 sq ft
Bedrooms10
Bathrooms1
ListedMarch 3, 2026
Postal CodeL2G 1M5

Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X12501164

Listed by Royal LePage Our Neighbourhood Realty

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. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$940,000

asking price

MLS®X12501164
TypeCommercial
CityNiagara Falls
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$4,590

/month · $752,000 mortgage

Down Payment20% — $188,000
Interest Rate5.5%

Amortization

Total Interest

$625,043

Total Cost

$1,377,043

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

Royal LePage Our Neighbourhood Realty