5470 + 5480 Victoria Avenue, Niagara Falls, ON L2G 3L2
$2,999,999
5470 + 5480 Victoria Avenue, Niagara Falls, ON L2G 3L2, Niagara Falls, ON
0.315 sqft
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!
Property Highlights
For Sale
MLS NO.
X13161710
Type
Commercial
Sub Type
Commercial Retail
Square Footage
0.315 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Commercial Retail
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X13161710
Security Features
No
Lot Width
120.0
Lot Size
13777.0
Lot Size Units
SquareFeet
Garage Type
Outside/Surface
Cooling
Yes
Heat Type
Gas Forced Air Closed
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
5470 + 5480 Victoria Avenue, Niagara Falls, ON L2G 3L2
City
Niagara Falls
Neighbourhood
214 - Clifton Hill
County / Region
Niagara
Province / State
ON
Postal Code
L2G 3L2
Cross Street
Victoria Ave and Falls Ave
Directions
Victoria Ave and Falls Ave
Country
CA
List Price
$2,999,999
Annual Taxes
$22,177
Tax Year
2025
Legal Description
LT 431A PL 298 TOWN OF NIAGARA FALLS; LT 432A PL 298 TOWN OF NIAGARA FALLS; LT 431 PL 285 TOWN OF NIAGARA FALLS; LT 432 PL 285 TOWN OF NIAGARA FALLS ; NIAGARA FALLS & LT 431A PL 298 TOWN OF NIAGARA FALLS; LT 432A PL 298 TOWN OF NIAGARA FALLS; LT 431 PL 285 TOWN OF NIAGARA FALLS; LT 432 PL 285 TOWN OF NIAGARA FALLS ; NIAGARA FALLS
Possession Type
Flexible
Possession Details
Flexible
Listing Office
ROYAL LEPAGE NRC REALTY
Board
Niagara Association of REALTORS
Original Entry
2026-05-22T15:41:16Z
Media Updated
2026-05-22T15:41:17Z
Photos Updated
2026-05-22T15:41:17Z
Last Modified
2026-06-04T04:31:40Z
System Modified
2026-06-04T04:31:40.746523Z
MLS Status
New
Co List Office Name
ROYAL LEPAGE NRC REALTY
Ddfyn
Yes
Expiration Date
2026-12-31
Heat Type Multi
Gas Forced Air Closed
Hstapplication
Included In
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
643430029
Parking Spaces
17
Public Remarks
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!
