ACTIVE
See all 31 photosACTIVE · 153 days
$2,999,999See Homsy estimate →
5470 + 5480 Victoria AvenueClifton Hill, Niagara Falls, ON L2G 3L2 · Sale · MLS® X13161710
--Bedrooms
--Bathrooms
--Sq ft
17Parking
--Per sq ft
About this home
The homeTaxes$22,177.21/yr
PossessionFlexible
All listing details
- Description
- 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.
- Commercial use
- Commercial Retail
- Rate
- $2,999,999 (For sale)
- Financial · Annual taxes
- $22,177 (2025)
- Space · Retail area
- 3,613 ft²
- Site · Lot size
- 120 × 115 ft
- Building · Parking
- 17 spaces
- Building · Freestanding
- Yes
- Availability · Occupancy
- Flexible
- Property type
- Commercial Retail
- Style
- Multi-Use
- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
- Garage
- Outside/Surface
- Parking spaces
- 17
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The area
AreaUnavailablewalk to transit
Unavailablegrocery stores within 1 km
Unavailablepublic schools within 1 km
Unavailableparks within 1 km
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Homsy estimate
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