NewFor Sale

5470 + 5480 Victoria Avenue
Niagara Falls, Niagara, ON, L2G 3L2

Commercial Retail
TRREB
MLS® Number: X13161710
$2,999,999List Price
Commercial RetailProperty Type
0.315 acresSize
$22,177.21 / 2025Taxes (Annual)
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Listing History

Buy/sell history for 5470 + 5480 Victoria Avenue, Niagara Falls, ON L2G 3L2

0 Transactions by CPRB Agents

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Description

TWO PARCELS FOR THE PRICE OF ONE! Secure a prime strategic footprint in the second most visited city in the country. Zoned Tourist Commercial (TC), this coveted assembly sits in the heart of Niagara Falls high-traffic Clifton Hill entertainment subdistrict. Features 5470 Victoria Ave (luxury main-floor restaurant with recently updated 4-bed, 3-bath upper residential space) AND 5480 Victoria Ave (rare 17-car private lot ideal for an automated, zero-maintenance parking gate system). STUNNING SECURED CASH FLOW: Completely de-risked by a stellar lease agreement locking in aggressive contractual escalations: $12,000/m in 2028, $13,500/m in 2030, and $15,000/month in 2032. Collect premium, escalating hassle-free income , plan a future high-rise, or execute a retail boutique store. Located in close proximity to the highly anticipated 50-storey 'Music City' Hotel/Entertainment Hub and 4-level city parking structure. The zoning allows endless possibilities. The window to buy before this pocket explodes is closing fast. Book your private tour today! ***Seller will consider a Vendor Take-Back (VTB) mortgage up to 50% of the purchase price, subject to mutually agreeable terms, conditions, and interest rate.

Features

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Amenities

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Summary

Tax (Annual):$22,177.21 / 2025
Listing #:X13161710
Property Type:Commercial Retail
Size:0.315 acres
Land Size:120 x 115
Days on CPRB:
Garage:Outside/Surface
Locker:None
On CPRB Since:
Listing Brokerage:ROYAL LEPAGE NRC REALTY

Rooms

Details

Property

Property Type:Commercial Retail
Community:214 - Clifton Hill
Municipality:Niagara

Building

Size:0.315 acres

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Outside/Surface
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed
Utility Sewer:Sanitary

Land

Cross Street:Victoria Ave and Falls Ave

$2,999,999

List price

5470 + 5480 Victoria Avenue, Niagara Falls – Commercial Retail for sale