Stacey Pollard - Coldwell Banker Momentum Logo
New Listing
$2,888,000
( $210.47Per Sq Foot )
 $15,503 est/mo Sourced by Back At You

5470 + 5480 Victoria Avenue,Niagara Falls, ON L2G 3L2

Niagara Falls, ON L2G 3L2

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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!

Details

MLS #X14137006
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site1
Listing Provided ByROYAL LEPAGE NRC REALTY | X14137006 292602

Features

SQ Feet13,721
Acreage0.32

Interior

CoolingYes

Exterior

Security FeaturesNo

Utilities

UtilitiesYes
SewerSanitary

Taxes

Tax Annual Amount22177.21
Tax Assessed Value455000
Tax TypeAnnual
Tax Legal DescriptionLT 431A PL 298 TOWN OF NIAGARA FALLS; LT 432A PL 298 TOWN OF NIAGARA FALLS; LT 431 PL 285 TOWN OF NIAGARA FALLS; LT 432 PL 285 TOWN OF NIAGARA FALLS ; NIAGARA FALLS & LT 431A PL 298 TOWN OF NIAGARA FALLS; LT 432A PL 298 TOWN OF NIAGARA FALLS; LT 431 PL 285 TOWN OF NIAGARA FALLS; LT 432 PL 285 TOWN OF NIAGARA FALLS ; NIAGARA FALLS
Tax Year2025

Area Information

ProvinceON
RegionNiagara
CityNiagara Falls
Postal CodeL2G 3L2
Area214 Clifton Hill
Listing VS Median (in L2G 3L2)
Price:
$2,888,000
low | high
Med:
$249,999
100% of Average
sqft:
13,721
low | high
Med:
2,400
100% of Average
$ / sqft:
$210
low | high
Med:
$104
100% of Average
On site:
1
low | high
Med:
316
2% of Average
Sourced by Back At You

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Additional Information

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Learn More About This Property

Stacey Pollard

Stacey Pollard

Momentum Realty

Sales Representative (905) 401-1710staceysellsniagara@gmail.com
ProvinceON
RegionNiagara
CityNiagara Falls
Postal CodeL2G 3L2
Area214 Clifton Hill
Listing VS Median (in L2G 3L2)
Price:
$2,888,000
low | high
Med:
$249,999
100% of Average
sqft:
13,721
low | high
Med:
2,400
100% of Average
$ / sqft:
$210
low | high
Med:
$104
100% of Average
On site:
1
low | high
Med:
316
2% of Average
Sourced by Back At You
Listing Updated: November 1, 2026 at 3:41:44 PM PST

Stacey Pollard - Coldwell Banker Momentum