5749 Summer Street, Niagara Falls

5749 Summer Street, Niagara Falls, ON L2G1M5 Photo 1

36 Photos

5749 Summer Street, Niagara Falls, ON L2G1M5 Photo 2
5749 Summer Street, Niagara Falls, ON L2G1M5 Photo 3
5749 Summer Street, Niagara Falls, ON L2G1M5 Photo 4
5749 Summer Street, Niagara Falls, ON L2G1M5 Photo 5
5749 Summer Street, Niagara Falls, ON L2G1M5 Photo 6
5749 Summer Street, Niagara Falls, ON L2G1M5 Photo 7
  • Bedrooms: 10
  • Bathrooms: 5
  • Living area: 2000 sqft
  • MLS®: 40541438
  • Added: 81 days ago

Property Details

Legal non-conforming 4-Plex with additional lower level in-law suite, detached double garage, concrete drive and parking pad for all 4 units. Building features 5 x 2 bedroom units ( 1 with attached lower level 2 bedroom in-law suite w/ separate entrance ) & newly renovated shared coin operated laundry (2024). it is located just steps from Hospital, bus routes, shops and more. 1 rear + 2 front covered porches. 4 units currently occupied & 3 newly renovated unit (2023). Additional updates include 2 updated 100amp breaker panels, windows & doors (2010 & 2015), Basement waterproofing (2011), concrete driveway & parking area (2011), Building & garage roofs (2011), High efficiency boiler system (2012), S/F/E's (2019) plus misc updates to baths (Unit 2 - 2007, Unit 4 - 2011, Unit 4 Lower - 2015 ). Detached double garage provides addition rental income potential + 2.5% rental increases have been issued to all units for January implementation. Proven Gross revenue of $88,000/year. For showings & Income/expense sheet + list of capital improvements (call me 289-968-7773) (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Cooling: None
  • List AOR: Niagara
  • Stories: 2
  • Basement: Partially finished, Full
  • Directions: Summer Street near Hospital between Main Street and Temperance
  • Living Area: 2000
  • Lot Features: Laundry- Coin operated
  • Photos Count: 36
  • Water Source: Municipal water
  • Parking Total: 6
  • Bedrooms Total: 10
  • Structure Type: Fourplex
  • Common Interest: Freehold
  • Parking Features: Detached Garage, Visitor Parking
  • Subdivision Name: 215 - Hospital
  • Tax Annual Amount: 4260
  • Exterior Features: Brick, Vinyl siding
  • Community Features: Quiet Area, School Bus
  • Foundation Details: Block
  • Zoning Description: R2
  • Number Of Units Total: 4
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Nearby Places

Name Type Address Distance
Bradley Octagon House It is two storey with an octagonal cupola centered... 0.1 km
Niagara Falls Museum It was founded by Thomas Barnett of Birmingham, En... 0.3 km
Battle of Lundy's Lane The battle was a tactical draw but a British strat... 0.5 km
Niagara Falls Memorial Arena The arena was home to various ice hockey teams in ... 1.0 km
Criminals Hall of Fame The museum features forty wax statues of notorious... 1.1 km
Skylon Tower The Skylon Tower, in Niagara Falls, Ontario, is an... 1.1 km
Skylon Tower Restaurant 5200 Robinson St 1.1 km
Niagara SkyWheel It opened on 17 June 2006, at a cost of $10 millio... 1.2 km
Hilton Hotel and Suites Niagara Falls/Fallsview Lodging 6361 Fallsview Blvd 1.2 km
Hilton Niagara Falls Tower 2 It has however clearly surpassed the Embassy Suite... 1.2 km
CJED-FM CJED's studios are located on Ontario Avenue in Ni... 1.2 km
Queen Victoria Park Park Niagara Pkwy 1.2 km
5749 Summer Street mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 5749 Summer Street. The current price of the property is $1,050,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $840,000. This would result in a monthly mortgage payment of $4,910 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Certificate of Qualification 10
College 75

Neighbourhood Marital Status Stat

Married 110
Widowed 40
Divorced 55
Separated 20
Never married 140
Living common law 50
Married or living common law 160
Not married and not living common law 255

Neighbourhood Construction Date

1961 to 1980 40
1960 or before 170
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