Maximum 4 project can be compared at one go.
$2,999,999
Status: For Sale
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.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X13161710 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :20 Jul, 2026 (16 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Niagara |
|---|---|
| Postal Code | :
L2G 3L2
|
| Price | : $2,999,999 |
|---|---|
| Property Taxes | :$22177.21 |
| Tax Year | :2025 |
|---|
| Air Conditioning | :Yes |
|---|---|
| Heating | :Gas Forced Air Closed |
| Cross Street | :Victoria Ave and Falls Ave |
| Fireplace/Stove | :No |
|---|---|
| Virtual Tour | :Virtual Tour (External Link) |
22 May, 2026
TREB #X13161710
Listed
$2999999.0
