$2,999,999
5470 Victoria Avenue, Niagara Falls, ON L2G 3L2
Beds
Baths
Parking
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!

Property Summary

Property Type Commercial
Property Sub Type Commercial Retail
Transaction Type For Sale
Possession Flexible

Building

Building Type Commercial Retail
Square Footage 0.315
Building Area Units Acres
Heating Gas Forced Air Closed
Cooling Yes

Measurements

Lot Size 120 x 115
Lot Size Area 13777
Lot Size Units Feet
Frontage 120
Depth 115
Total Living Area 0.315

Land

Address 5470 Victoria Avenue, Niagara Falls, ON L2G 3L2
City Niagara Falls
Community 214 - Clifton Hill
County / Area Niagara
Cross Street Victoria Ave and Falls Ave
Sewer Sanitary
Parcel Number 643430029

Parking and Garage

Garage Type Outside/Surface

Taxes and Listing Info

List Price $2,999,999
Annual Taxes $22,177
Tax Year 2025
Status Active
Listing Date 2026-05-22T15:41:16Z
Updated 2026-05-23T04:37:59Z
MLS Number X13161710
Local Market Insight

What Buyers Should Know About 5470 Victoria Avenue, Niagara Falls, ON L2G 3L2

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

5470 Victoria Avenue, Niagara Falls, ON L2G 3L2 is positioned in 214 - Clifton Hill, a part of Niagara Falls where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Commercial Retail, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Commercial Retail should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Victoria Ave and Falls Ave, public transit options, parking availability, and drive times to employment areas. A property with available parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $2,999,999, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows available bedrooms, available bathrooms, basement details marked as to be confirmed, and a lot size of 120 x 115, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Niagara Falls, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around 214 - Clifton Hill. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 5470 Victoria Avenue, Niagara Falls, ON L2G 3L2, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.