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For Sale

5485 Victoria Avenue

214 - Clifton Hill, Niagara Falls, ON
$4,799,999
0Bd
0Ba
sqft
174 x 155.1 ftlot
CommercialMLS# X13097850Listed 2026-05-0728 DOM

About this home

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.

Features

  • Yes

Financials

Annual Taxes
$22,750

Estimated Rental Income

Entire property$2,500 – $8,000/mo
Rental yield0.6% – 2.0%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Niagara Falls

Days on market28 days
Buyer's MarketSeller's Market

Based on active listings in Niagara Falls. Data updates daily.

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.

$4,799,999
5485 Victoria Avenue, Niagara Falls
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