$1,199,000
FOR SALE

Commercial/Retail

Lot: 40 x 120 ftTotal Area: 5,100 ft2
2023 Taxes: $4,288.98

5237 Victoria Ave
Niagara Falls, ON L2E 4E6 | Niagara

Calling all savvy real estate investors! This is your golden ticket to a lucrative venture in downtown Niagara Falls. Nestled in the heart of tourist paradise, this income-generating property is a strategic gem boasting an unbeatable location for maximum returns. The building features a vacant commercial unit perfect for a takeout establishment, alongside three meticulously updated residential units. Two of these units, each with one bedroom, one bathroom, a well-equipped kitchen, and a cozy living area, offer significant rental potential. Additionally, a spacious three-bedroom owner-occupied apartment promises an outstanding monthly rental range of $2300-$2700. With the proximity to Clifton Hill, the QEW, Rainbow Bridge, and the allure of Niagara Falls tourism, this is a prime investment opportunity that promises both immediate and long-term gains. Don't miss your chance to capitalize on this incredible real estate prospect!
Share
Listed By REVEL REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8293688
Last Updated May 01, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Category Multi-Use
PIN 643410043
Occupancy Own+Ten
Taxes (2023) $4,288.98
Tax Type Annual
Directions/Cross Streets Corner Of Victoria & Mcrae
Area Niagara
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 40 x 120 ft
Retail Area 501 ft2
Total Area 5,100 ft2
Air Conditioning N
Garage Type None
Heat Type Elec Forced Air
Sprinklers Y
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Building
Zoning GC
Seller Property Info Statement Y

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)