5848-5860 ferry Street, Niagara Falls, ON L2G 1S9, Niagara Falls, ON
Bath 7
6500.0 sqft
Rare Opportunity To Acquire Two Side-By-Side Mixed-Use Investment Properties In The Heart Of Niagara Falls' Tourism District. 5848-5860 Ferry Street Consists Of Six Income-Producing Units Including Three Commercial Storefronts And Three Residential Apartments Across Two Buildings, Offering Immediate Cash Flow Along With Significant Long-Term Upside Potential.Positioned Along One Of Niagara Falls' Primary Tourist Corridors Just Minutes From Clifton Hill, Niagara Falls, Casinos, Hotels, Restaurants, And Major Attractions, The Property Benefits From Exceptional Exposure, Strong Vehicle And Pedestrian Traffic, And Outstanding Tenant Demand.The Commercial Spaces Offer Flexible Layouts Suitable For A Variety Of Retail, Office, Service, Hospitality, And Tourism Uses, While The Residential Apartments Provide Stable Rental Income And Opportunity For Future Rent Growth. General Commercial (GC) Zoning Also Provides Excellent Redevelopment Potential With Building Heights Permitted Up To Approximately Ten Storeys (Buyer To Verify).With Approximately 6,500 Square Feet Of Building Area, Multiple Income Streams, Strong Existing Cash Flow, Rear Parking, Value-Add Opportunities, And A Projected Pro Forma Capitalization Rate Of Approximately 7.46%, This Portfolio Represents An Outstanding Opportunity For Investors Seeking Both Stable Returns And Future Appreciation In One Of Ontario's Most Recognized Tourism Markets.Vendor Take-Back Financing May Be Available To Qualified Purchasers, Subject To Seller Approval. Financial Statements Available Upon Request.
Property Highlights
For Sale
MLS NO.
X13559736
Type
Commercial
Sub Type
Commercial Retail
Bathrooms
7
Square Footage
6500.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Commercial Retail
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X13559736
Total Bathrooms
7
Security Features
No
Lot Width
66.0
Garage Type
Outside/Surface
Cooling
Yes
Heat Type
Radiant
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
5848-5860 ferry Street, Niagara Falls, ON L2G 1S9
City
Niagara Falls
Neighbourhood
216 - Dorchester
County / Region
Niagara
Province / State
ON
Postal Code
L2G 1S9
Cross Street
Main And Ferry
Directions
East On Ferry, Past Main South Side Of Ferry
Country
CA
List Price
$2,399,888
Annual Taxes
$1,650
Tax Year
2025
Possession Type
Immediate
Listing Office
EXP REALTY
Board
Toronto Regional Real Estate Board
Original Entry
2026-07-14T04:33:28Z
Media Updated
2026-07-14T04:33:29Z
Photos Updated
2026-07-14T04:33:29Z
Last Modified
2026-07-14T04:33:29Z
System Modified
2026-07-14T04:33:33.357099Z
MLS Status
New
Basement Yn
Yes
Co List Office Name
EXP REALTY
Ddfyn
Yes
Expiration Date
2026-09-12
Heat Type Multi
Radiant, Baseboard, Gas Forced Air Closed, Electric Forced Air
Hstapplication
Included In
Occupant Type
Partial
Originating System Id
A00001796
Parcel Number
643490007
Parking Spaces
10
Public Remarks
Rare Opportunity To Acquire Two Side-By-Side Mixed-Use Investment Properties In The Heart Of Niagara Falls' Tourism District. 5848-5860 Ferry Street Consists Of Six Income-Producing Units Including Three Commercial Storefronts And Three Residential Apartments Across Two Buildings, Offering Immediate Cash Flow Along With Significant Long-Term Upside Potential.Positioned Along One Of Niagara Falls' Primary Tourist Corridors Just Minutes From Clifton Hill, Niagara Falls, Casinos, Hotels, Restaurants, And Major Attractions, The Property Benefits From Exceptional Exposure, Strong Vehicle And Pedestrian Traffic, And Outstanding Tenant Demand.The Commercial Spaces Offer Flexible Layouts Suitable For A Variety Of Retail, Office, Service, Hospitality, And Tourism Uses, While The Residential Apartments Provide Stable Rental Income And Opportunity For Future Rent Growth. General Commercial (GC) Zoning Also Provides Excellent Redevelopment Potential With Building Heights Permitted Up To Approximately Ten Storeys (Buyer To Verify).With Approximately 6,500 Square Feet Of Building Area, Multiple Income Streams, Strong Existing Cash Flow, Rear Parking, Value-Add Opportunities, And A Projected Pro Forma Capitalization Rate Of Approximately 7.46%, This Portfolio Represents An Outstanding Opportunity For Investors Seeking Both Stable Returns And Future Appreciation In One Of Ontario's Most Recognized Tourism Markets.Vendor Take-Back Financing May Be Available To Qualified Purchasers, Subject To Seller Approval. Financial Statements Available Upon Request.