For Sale
4186 Portage Road
211 - Cherrywood, Niagara Falls, ON
$5,500,000
0Bd
0Ba
—sqft
204.58 ft frontagelot
LandMLS# X12848230Listed 2026-03-0542 DOM
On the market for 42 days — longer than average. The seller may be open to negotiation.
About this home
Multi-family/condo development land parcel in central Niagara Falls that is site plan approved for a six storey mid-rise building with a total of 66 units (64 residential - 2 retail units at grade with a total of 72 parking spots (52 at grade and 20 underground). Full building drawings completed and ready to submit for a building permit. Located a two-minute drive to the Falls, White Water Walk and Fallsview. Only a 2 minute drive to a local retail hub. This exciting new building will have immediate access to the Falls, 2 casinos, the entertainment district, over 85 wineries and 40 private and public golf courses for its residents. Easy access to the Niagara Square Shopping Mall, the QEW and US border. All reports, studies and approvals available for review.
Financials
Annual Taxes
$6,947.3
Estimated Rental Income
Entire property$2,000 – $3,000/mo
Rental yield0.4% – 0.7%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Niagara Falls
Days on market42 days
Buyer's MarketSeller's Market
Based on active listings in Niagara Falls. Data updates daily.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
53
/ 100
Walk Score
Somewhat Walkable
44
/ 100
Transit Score
Some Transit
49
/ 100
Bike Score
Somewhat Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
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. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. 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. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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