4625 Cataract Avenue, Niagara Falls, ON L2E 3M3, Niagara Falls, ON
10000.0 sqft
CITY GRANTS AVAILABLE!!Development happening all around this property! CLICK MORE PHOTOS & BROCHURE below to view the INTEREST FREE CITY LOAN INCENTIVES INFO. Proposed 20 storey building across the street! This property has been used for movies/TV show filming locations, providing income to the owner! Additionally, its prime QUEEN ST location offers unparalleled visibility and potential for a 30+ storey building. This exceptional offering includes not just the hotel but also a separate 5 bed, 4 bath home on the same lot, perfect for an owners residence, a property manager, or added value as an Airbnb. It also has the potential to be subdivided. This is a rare opportunity to develop a versatile property in one of the most renowned destinations, just steps from Niagara Falls. Situated on 0.93 acres of prime land (40,762 sqft),this property boasts stunning river views and proximity to key regional landmarks, making it an ideal location for commercial ventures.The existing infrastructure includes 33 operational hotel rooms and an attached 5-bedroom, 4-bathroom house, with functional plumbing, electrical, and baseboard heating systems. The property also features an inground pool and full laundry facility. With potential for expansion, there is an opportunity to construct a hotel with 33-37 FLOORS in this high-traffic tourist area. Located just a 30-second walk to the GO station and Whirlpool Bridge, the property ensures prime access for tourists and visitors. Additionally, it is zoned for a wide variety of uses, including art galleries, assembly halls, restaurants, retail stores, hotels, motels, parking lots, recreational uses, and much more, making it a prime candidate for development. With its flexible zoning and prime location, attracting millions of visitors each year, this property presents an unparalleled opportunity to capitalize on Niagara Falls thriving tourism industry. Community Improvement Plan and City Incentives/Interest-Free Loan Information in Supplements
Property Highlights
For Sale
MLS NO.
X13210814
Type
Commercial
Sub Type
Commercial Retail
Square Footage
10000.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Commercial Retail
Transaction Type
For Sale
Status
Active Under Contract
Contract Status
Available
MLS® Number
X13210814
Security Features
No
Lot Width
127.87
Garage Type
None
Cooling
No
Heat Type
Radiant
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
4625 Cataract Avenue, Niagara Falls, ON L2E 3M3
City
Niagara Falls
Neighbourhood
210 - Downtown
County / Region
Niagara
Province / State
ON
Postal Code
L2E 3M3
Cross Street
QUEEN ST - RIVER RD - PARK - CATARACT
Directions
QUEEN ST - RIVER RD - PARK - CATARACT
Country
CA
List Price
$5,000,000
Annual Taxes
$44,180
Tax Year
2025
Possession Type
Flexible
Possession Details
FLEX
Listing Office
RE/MAX NIAGARA REALTY LTD, BROKERAGE
Board
Niagara Association of REALTORS
Original Entry
2026-05-28T20:01:12Z
Media Updated
2026-05-28T20:01:12Z
Photos Updated
2026-05-28T20:01:12Z
Last Modified
2026-06-26T20:40:59Z
System Modified
2026-07-06T21:39:44.986601Z
MLS Status
Sold Conditional
Basement Yn
No
Ddfyn
Yes
Expiration Date
2026-11-25
Heat Type Multi
Radiant
Hstapplication
In Addition To
Occupant Type
Owner+Tenant
Originating System Id
A00001796
Parcel Number
644450034
Public Remarks
CITY GRANTS AVAILABLE!!Development happening all around this property! CLICK MORE PHOTOS & BROCHURE below to view the INTEREST FREE CITY LOAN INCENTIVES INFO. Proposed 20 storey building across the street! This property has been used for movies/TV show filming locations, providing income to the owner! Additionally, its prime QUEEN ST location offers unparalleled visibility and potential for a 30+ storey building. This exceptional offering includes not just the hotel but also a separate 5 bed, 4 bath home on the same lot, perfect for an owners residence, a property manager, or added value as an Airbnb. It also has the potential to be subdivided. This is a rare opportunity to develop a versatile property in one of the most renowned destinations, just steps from Niagara Falls. Situated on 0.93 acres of prime land (40,762 sqft),this property boasts stunning river views and proximity to key regional landmarks, making it an ideal location for commercial ventures.The existing infrastructure includes 33 operational hotel rooms and an attached 5-bedroom, 4-bathroom house, with functional plumbing, electrical, and baseboard heating systems. The property also features an inground pool and full laundry facility. With potential for expansion, there is an opportunity to construct a hotel with 33-37 FLOORS in this high-traffic tourist area. Located just a 30-second walk to the GO station and Whirlpool Bridge, the property ensures prime access for tourists and visitors. Additionally, it is zoned for a wide variety of uses, including art galleries, assembly halls, restaurants, retail stores, hotels, motels, parking lots, recreational uses, and much more, making it a prime candidate for development. With its flexible zoning and prime location, attracting millions of visitors each year, this property presents an unparalleled opportunity to capitalize on Niagara Falls thriving tourism industry. Community Improvement Plan and City Incentives/Interest-Free Loan Information in Supplements
