$2,999,999
FOR SALE

Commercial/Retail

Lot: 120 x 115 ft
2025 Taxes: $13,309

5470 Victoria Ave
Niagara Falls, ON L2G 3L2 | 214 - Clifton Hill | Niagara

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!
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Listed By ROYAL LEPAGE NRC REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13161710
Last Updated May 22, 2026
Property Summary
Property Type Commercial/Retail

More like this:
PIN 643430029
Legal Description LT 431A PL 298 TOWN OF NIAGARA FALLS; LT 432A PL 298 TOWN OF NIAGARA FALLS; LT 431 PL 285 TOWN OF NIAGARA FALLS; LT 432 PL 285 TOWN OF NIAGARA FALLS ; NIAGARA FALLS & LT 431A PL 298 TOWN OF NIAGARA FALLS; LT 432A PL 298 TOWN OF NIAGARA FALLS; LT 431 PL 285 TOWN OF NIAGARA FALLS; LT 432 PL 285 TOWN OF NIAGARA FALLS ; NIAGARA FALLS
Possession Date Flexible
Taxes (2025) $13,309
Directions/Cross Streets Victoria Ave and Falls Ave
Neighbourhood 214 - Clifton Hill
Area Niagara
Price History

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Detailed Information
Freestanding Y
Lot 120 x 115 ft
Air Conditioning Yes
Garage Type Outside/Surface
Parking Spaces 17
Heat Type Gas Forced Air Closed
Sewers Sanitary

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