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Drummond - Victoria
5749 SUMMER Street
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5749 SUMMER Street $1,050,000
$1,050,000
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5749 SUMMER Street
Niagara Falls, Ontario L2G1M5

MLS® Number: 40541438
10
Bedrooms
5
Bathrooms
2000
Square Feet

Listing Description

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) (67057839)

Location Description

Summer Street near Hospital between Main Street and Temperance

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
2
Square Footage
2000 sqft
Subdivision Name
215 - Hospital
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$4,260
Parking Type
Detached Garage, Visitor Parking
Time on REALTOR.ca
134 days

Building

Bathrooms
Total
5
Interior Features
Basement Type
Full (Partially finished)
Building Features
Features
Laundry- Coin operated
Foundation Type
Block
Total Units
4
Heating & Cooling
Cooling
None
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Community Features
Quiet Area, School Bus
Amenities Nearby
Hospital, Public Transit, Schools, Shopping
Parking
Parking Type
Detached Garage, Visitor Parking
Total Parking Spaces
6

Measurements

Square Footage
2000 sqft
Above Grade Finished
2000 sqft
Source: Other

Land

Lot Features
Fencing
Partially fenced
Frontage
60 ft
Land Depth
159 ft
Other Property Information
Access
Highway access
Zoning Description
R2
Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
289-968-7773
Email
Book showing
EXP REALTY
4025 DORCHESTER ROAD, SUITE 260
NIAGARA FALLS, Ontario L2E7K8
866-530-7737
Office Website

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