Niagara Falls, ON · · MLS® X13161710Updated
$2,999,999
5470 + 5480 Victoria Ave is a retail in Niagara Falls, listed for $2,999,999.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, 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.
Niagara Falls retail priced at $2,999,999 — book a tour to see if it fits your search.
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Lot & land
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
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Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
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Listing brokerage: ROYAL LEPAGE NRC REALTY, BrokerageMLS® X13161710 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. 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. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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Other homes for sale in Niagara Falls around $3.0M.
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Every active Niagara Falls MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 429 sales from Jul 24 – Oct 22, 2026 (294 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
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5470 + 5480 Victoria Ave is listed at $2,999,999 (MLS® X13161710). Summitly updates the price as soon as the MLS® record changes.
No — 5470 + 5480 Victoria Ave is still listed at its original asking price of $2,999,999.
The listing for 5470 + 5480 Victoria Ave doesn't publish its bedroom and bathroom count. It is a commercial property in Niagara Falls.
The nearest rapid-transit station is Niagara Falls GO Station (Lakeshore West GO), about 1.7 km (about a 21-minute walk) in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Its asking price of $2,999,999 is about 428% above the median sold price in Niagara Falls over the last 90 days, $568,500, across 429 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 5470 + 5480 Victoria Ave on record from the last two years. Older records aren't shown under TRREB rules.
5470 + 5480 Victoria Ave is in Niagara Falls, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
153 days — 5470 + 5480 Victoria Ave was listed on May 22, 2026.
About $61,475 in Ontario land transfer tax at the asking price of $2,999,999. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
The listing for 5470 + 5480 Victoria Ave doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Niagara Falls.
The listing for 5470 + 5480 Victoria Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
