5470 Victoria Avenue Niagara Falls, Ontario L2G 3L2
$2,999,999
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! (id:62104)
Property Details
| MLS® Number | X13161710 |
| Property Type | Retail |
| Community Name | 214 - Clifton Hill |
| Parking Space Total | 17 |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Utility Water | Municipal Water |
Land
| Acreage | Yes |
| Sewer | Sanitary Sewer |
| Size Depth | 115 Ft |
| Size Frontage | 120 Ft |
| Size Irregular | 13777 |
| Size Total | 13777 Ac |
| Size Total Text | 13777 Ac |
| Zoning Description | Tc |
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May 22 2026 05:57:59
Niagara Association of REALTORS®
Royal LePage NRC Realty