245 West Beaver Creek Rd #9B
(289)317-1288
5749 Summer Street Niagara Falls, Ontario L2G 1M5
10 Bedroom
1 Bathroom
Other
Acreage
$970,000
Legal Non-Conforming 4-Plex + In-Law Suite. Prime Investment Opportunity! Impressive rental income 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: $97,086! with very desirable CAP rate of approx 7.72%. Located steps from the hospital, transit, and amenities. Development potential on an oversized lot in a high-demand location! (id:35762)
Property Details
| MLS® Number | X12252310 |
| Property Type | Multi-family |
| Community Name | 215 - Hospital |
| ParkingSpaceTotal | 4 |
Building
| BathroomTotal | 1 |
| BedroomsTotal | 10 |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | Yes |
| SizeDepth | 160 Ft ,9 In |
| SizeFrontage | 60 Ft ,1 In |
| SizeIrregular | 9645 |
| SizeTotal | 9645 Ac |
| SizeTotalText | 9645 Ac |
| ZoningDescription | R2 |
https://www.realtor.ca/real-estate/28536206/5749-summer-street-niagara-falls-hospital-215-hospital
Interested?
Contact us for more information
Tara Hussein
Salesperson
Our Neighbourhood Realty Inc.
550 Bayview Ave Unit 401
Toronto, Ontario M4W 3X8
550 Bayview Ave Unit 401
Toronto, Ontario M4W 3X8
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. 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 trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 29 2025 03:51:09
Toronto Real Estate Board
Our Neighbourhood Realty Inc.
LINKS
CALL US
Need to discuss something?
We are always here for you.