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4965,4971,4981,5516 Stanley Ave, Morden Drive Avenue Niagara Falls ON

📍 Niagara Falls, Ontario L2E 5A1

$4,999,000

Active
277.54×200.45LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X12781504
ListedFeb 12, 2026
Days on Market—
Property TypeCommercial
StyleLand
Cross StreetHWY420/STANLEY AVE
PossessionFLEXIBLE

📝 Listing Description

Excellent opportunity for Developers/Investors to own this beautiful piece of property. This property consists of Four existing Residential houses. The Niagara falls city has approved the zoning for 6 story Residential/Commercial building containing 73 residential units and 4800 sq ft of commercial on first floor. Property sits Right across HWY 420/ Stanley Ave , Close to Falls, Casino, Tourism District, Downtown, Walk to bus stop, Railway station very close. Oaks park, Oaks soccer field, Oaks park stadium across the street. Five minutes to Home Depot, Canadian Tire, Zehrs and Gym. Location of this property is the prime selling feature.

🏠 Property Details

Property TypeCommercial
StyleLand

📐 Lot & Land

Lot Width277.54 ft
Lot Depth200.45 ft
Cross StreetHWY420/STANLEY AVE

💰 Financial

List Price$4,999,000
Annual Taxes$1 (2025)
PossessionFLEXIBLE

🧮 Mortgage Calculator

$999,800
Est. Monthly Payment
$24,559/mo
Principal: $3,999,200 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by HOMELIFE SUPERSTARS REAL ESTATE LIMITEDData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X12781504 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.