Niagara Falls (Oldfield), ON
5544 MCLEOD ROAD
$4,900,000
Listed by
HIGH POINT REALTY LIMITED
BARRY J. SKLAR, Broker of Record
Data last updated Oct 21, 2026, 8:30 a.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $4,900,000
- Type
- business
- Bedrooms
- 0
- Bathrooms
- 0
- MLS®
- X12686288
- Status
- active
- Brokerage
- HIGH POINT REALTY LIMITED
About this home
Description provided by the listing brokerage
POWER OF SALE! In the heart of Niagara Falls vibrant tourist district. This high profile 1.52 acre corner site offers exceptional redevelopment potential in one of Canada's most visited destinations. Zoned Tourist Commercial, the property permits a wide range of uses including hotel, residential, mixed use, retail and tourism related development. Improved with a vacant non operating two storey motel containing 23 guest rooms plus a three bedroom manager's residence in need of rejuvenation, presenting either a restoration and expansion opportunity or a complete redevelopment play. Premier of Ontario and the City of Niagara Falls have a long term vision for intensification in the Tourist Core. The property offers the potential to pursue a hotel, mid rise or high rise rezoning for greater density and height, subject to municipal approvals. Strategically located at the busy gateway intersection of Stanley Avenue and McLeod Road, between Marineland and the established hotel and entertainment core, the site benefits from outstanding exposure and accessibility. It is minutes to Fallsview Casino, Horseshoe Falls, Clifton Hill, major attractions, the QEW highway, GO Transit and the U.S. border via the Rainbow Bridge. This is a rare chance to secure a significant redevelopment site in a tightly held tourist market with strong fundamentals, offered under Power of Sale! Property being sold by the mortgagee in "as-is, where-is" condition.