Niagara Falls (hospital), ON L2G1M5,5749 SUMMER STREET
Niagara Falls (hospital), ON L2G1M5,5749 SUMMER STREET
Niagara Falls (hospital), ON L2G1M5,5749 SUMMER STREET
Niagara Falls (hospital), ON L2G1M5,5749 SUMMER STREET
Niagara Falls (hospital), ON L2G1M5,5749 SUMMER STREET
Niagara Falls (hospital), ON L2G1M5,5749 SUMMER STREET
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$ 940,000
Est. payment | /mo

10 Beds

1 Bath

9,645 Acres Lot


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$ 940,000
Est. payment | /mo
Save

10 Beds

1 Bath

9,645 Acres Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision 215 - Hospital

MLS® Listing ID X12501164

Bedrooms 10

Lot Size 9645.000 Acres

Acres 9645.0

Source Toronto Regional Real Estate Board

Property 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.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! (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling None

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 4

Private Pool No

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Listed by Royal LePage Our Neighbourhood Realty
Austin Falk

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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5749 SUMMER STREET