5470 + 5480 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! ***Seller will consider a Vendor Take-Back (VTB) mortgage up to 50% of the purchase price, subject to mutually agreeable terms, conditions, and interest rate. (id:41589)
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 |
Donna Park
Salesperson
www.facebook.com/profile.php?id=100091150864249
www.linkedin.com/in/donna-park-4a3b39145
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33 Maywood Ave
St. Catharines, Ontario L2R 1C5
(905) 688-4561
www.nrcrealty.ca/
Arjun Gupta
Salesperson
www.facebook.com/arjun.gupta.16475
www.instagram.com/arjunguptarealtor
4850 Dorchester Road #b
Niagara Falls, Ontario L2E 6N9
(905) 357-3000
www.nrcrealty.ca/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
July 21 2026 01:52:52
Niagara Association of REALTORS®
Royal LePage NRC Realty