$2,999,999
5470 + 5480 Victoria Avenue, Niagara Falls, ON L2G 3L2
Niagara Falls
- Square feet
- 0
- Type
- Commercial Retail
About this listing
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. Contact listing agent for further details.***
Property details
- Days on market
- 59 days
- Property taxes
- $22,177/yr (2025)
- Lot size
- 120 × 115 Feet
- Heating
- Gas Forced Air Closed
- Cooling
- Yes
- Garage
- Outside/Surface
Payment calculator
- Mortgage amount
- $2,399,999
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Location
View Walk Score, Transit Score & Bike Score
Walkability, transit, and bike-friendliness for 5470 + 5480 Victoria Avenue, Niagara Falls, ON L2G 3L2
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X13161710
Listed by ROYAL LEPAGE NRC REALTY
On market since May 22, 2026
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About 5470 + 5480 Victoria Avenue, Niagara Falls, ON L2G 3L2
How much is 5470 + 5480 Victoria Avenue, Niagara Falls, ON L2G 3L2?
5470 + 5480 Victoria Avenue, Niagara Falls, ON L2G 3L2 is listed for $2,999,999 CAD.
What type of property is 5470 + 5480 Victoria Avenue, Niagara Falls, ON L2G 3L2?
5470 + 5480 Victoria Avenue, Niagara Falls, ON L2G 3L2 is a Commercial Retail.
What neighbourhood is 5470 + 5480 Victoria Avenue, Niagara Falls, ON L2G 3L2 in?
5470 + 5480 Victoria Avenue, Niagara Falls, ON L2G 3L2 is in Niagara Falls, Ontario.
Is 5470 + 5480 Victoria Avenue, Niagara Falls, ON L2G 3L2 for sale or for rent?
5470 + 5480 Victoria Avenue, Niagara Falls, ON L2G 3L2 is currently for sale.
How do I book a showing for 5470 + 5480 Victoria Avenue, Niagara Falls, ON L2G 3L2?
Contact Avi Hayev at +16471112222 to arrange a private showing of 5470 + 5480 Victoria Avenue, Niagara Falls, ON L2G 3L2 (MLS# X13161710). You can also send a message through the contact form on this site.