HomeListingsNiagara FallsX13097850

5485 Victoria Street Niagara Falls ON

📍 Niagara Falls, Ontario L2G 3L3

$4,799,999

Active
174×155.1LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X13097850
ListedMay 7, 2026
Days on Market
Property TypeCommercial
StyleCommercial Retail
Cross StreetKitchener Street
PossessionFlexible

📝 Listing Description

Rare redevelopment opportunity in the heart of Niagara Falls's rapidly evolving tourist district. Situated on a prominent 0.536-acre corner parcel with exceptional frontage on Victoria Avenue, this high-exposure property is among the closest privately available development sites to Clifton Hill, the Falls, major casinos, hotels, nightlife, and the U.S. border. Zoned Tourist Commercial (TC), the site offers outstanding potential for a boutique hotel, entertainment venue, brewery, mixed-use concept, or future redevelopment project in one of Canada's most visited destinations. The existing 19,030 sq ft structure spans multiple levels and showcases a striking stone exterior, soaring cathedral ceilings, exposed wood construction, stained-glass windows, expansive hall with stage, full commercial kitchen, balcony, and a fully finished lower level with multiple rooms and amenities. The scale, architectural character, and visibility create a rare opportunity for adaptive reus! e or repositioning. Niagara Falls continues to experience major public and private investment focused on tourism, entertainment, and year-round destination growth, further strengthening the long-term potential of this location. With direct QEW access and unmatched proximity to major attractions, properties of this size, exposure, zoning, and character rarely become available in Niagara Falls' core tourist area.

🏠 Property Details

Property TypeCommercial
StyleCommercial Retail

📐 Lot & Land

Lot Width174 ft
Lot Depth155.1 ft
Cross StreetKitchener Street

🔧 Building & Utilities

HeatingRadiant
CoolingYes
GarageNone

💰 Financial

List Price$4,799,999
Annual Taxes$22,750 (2025)
PossessionFlexible

🧮 Mortgage Calculator

$960,000
Est. Monthly Payment
$23,581/mo
Principal: $3,839,999 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by RE/MAX ESCARPMENT GOLFI REALTY INC.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X13097850 · 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.