5470 Victoria Avenue

Niagara Falls, L2G 3L2
FOR SALE
$2,999,999
5470 Victoria Avenue, Niagara Falls
5470 Victoria Avenue
5470 Victoria Avenue
5470 Victoria Avenue
5470 Victoria Avenue
5470 Victoria Avenue
5470 Victoria Avenue
5470 Victoria Avenue
5470 Victoria Avenue
5470 Victoria Avenue
5470 Victoria Avenue
5470 Victoria Avenue
5470 Victoria Avenue
5470 Victoria Avenue
5470 Victoria Avenue
5470 Victoria Avenue
5470 Victoria Avenue
5470 Victoria Avenue
5470 Victoria Avenue
5470 Victoria Avenue
Commercial Retail
CATEGORY
3,613 Sq Ft
RETAIL AREA
X13161710
MLSID
Contact Us
Property 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.
Property Details
Address
5470 Victoria Avenue
Postal Code
L2G 3L2
Property Type
Commercial Retail, Commercial Retail
Use
Multi-Use
Zoning
TC
Lot Size
120' x 115'
Retail Area
3,613 Sq Ft
Acreage
13,777.0 Feet
Taxes
$22,177 (2025
Heat Type
Gas Forced Air Closed
Water
Municipal
Parking Spaces
17
Garage Type
Outside/Surface
Listing contracted with Royal Lepage Nrc Realty
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