Niagara Falls (Clifton Hill), ON
5470 + 5480 VICTORIA AVENUE
$2,999,999
Listed by
ROYAL LEPAGE NRC REALTY
Donna Park, Salesperson
Data last updated Oct 21, 2026, 10:30 a.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $2,999,999
- Type
- retail
- Bedrooms
- 0
- Bathrooms
- 0
- MLS®
- X13161710
- Status
- active
- Brokerage
- ROYAL LEPAGE NRC REALTY
About this home
Description provided by the listing brokerage
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.