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5749 Summer Street

215 - Hospital, Niagara Falls, L2G 1M5

$940,000

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  • 10 bedrooms
  • 1 bathrooms

Listed 139 days ago · MLS® X13233040

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.

Details

Type
Investment
Lot
60.14 × 160.75 ft
Garage
Double Detached
Kitchens
5
Property tax
$4,788 (2025)
Neighbourhood
215 - Hospital
Municipality
Niagara Falls

Interior

Bathrooms
1 × bathroom

Heating, cooling and services

Heating
Gas Forced Air Open
Utilities
Yes

Building and exterior

Building area
0 Acres

More

Possession
TBD
Cross street
Summer St. & Temperance Ave

History of this address

3 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 1 grocery store, 51 cafés and restaurants, 2 parks, 3 pharmacies. Nearest grocery: Wholesale Club (150 m). Nearest park: Coronation Park (500 m).

Schools nearby

Elementary

  • Valley Way Public School
    EQAO: Gr 6 reading 80%, math 40%    1.3 km
  • Princess Margaret Public School
    EQAO: Gr 6 reading 98%, math 78%    1.5 km
  • St. Mary Catholic Elementary School Catholic
    EQAO: Gr 6 reading 100%, math 100%    1.5 km
  • École élémentaire LaMarsh French
    EQAO: Gr 6 reading 90%, math 76%    1.7 km

Secondary

  • Stamford Collegiate
    EQAO: Gr 9 math 62%, literacy test 80%    11 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L2G

Owners / renters
63% / 37%
Median household income
$69,000
Average age
44
Children under 15
14%
Homes
63% detached, 3% high-rise
Commute by transit
3%
Population
30,344

Languages spoken most at home besides English: Punjabi (Panjabi) 1.3%, Tagalog (Pilipino, Filipino) 1.1%, Spanish 0.9%, Mandarin 0.8%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area in Niagara Peninsula Conservation’s mapping.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Niagara Region (St. Catharines) police: 54 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Niagara Peninsula Conservation open data. Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 66 km. Transit times · Driving times

Noise 1 source nearby

  • 🛣️ Highway 420500 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by Royal LePage Our Neighbourhood Realty.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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