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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 19 days

    5936 Main Street

    Dorchester·Niagara Falls, ON·L2G 5Z8·Near LUNDY-S LANE / FERRY ST / South From Ferry to Main St.

    • 13240 sqft
    Niagara Falls real estate›X13249178
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    BUY With only $300k down! Rare opportunity to secure a freestanding 13,240 sq. ft. mixed-use commercial/residential building with land in the heart of Niagara Falls' high-exposure tourism corridor. Vendor Take-Back financing is available for qualified buyers, offering added flexibility and lower upfront capital. Situated just steps to Clifton Hill, Fallsview Casino, major hotels, restaurants, attractions, and the new Niagara Falls Exchange, this property is positioned in one of the region's most visited and active growth areas. Zoned General Commercial (GC), allowing a wide range of potential uses including DAYCARE, RESTAURANT, CAFÉ, BREWERY, RETAIL, Medical office, professional office, coworking, fitness, entertainment, hospitality, residential apartments, short-term rental accommodations, and more. Offered in raw shell condition with impressive 10-11 ft ceilings, this property provides a blank canvas for investors, developers, owner-users, or operators looking to customize and reposition the asset. Concept plans propose 2 commercial units on the main level, 9 residential units on the upper floors, 14 parking spaces, and basement storage space, creating strong potential for multiple income streams. Excellent opportunity for redevelopment, repositioning, or a customized mixed-use project in a rapidly evolving Niagara Falls location. With continued tourism demand, nearby infrastructure improvements, and future growth in the area, this high-visibility asset offers strong long-term upside. Immediate possession available.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 5, 2026ListedCurrentFor sale$1,589,000 —X13249178This page
    May 19, 2026Previously listedTer$1,789,000 —X13146184View
    Apr 17, 2026Previously listedTer$1,789,000 —X13012190View
    Jan 22, 2026Previously listedTer$1,789,000 —X12734206View
    Nov 30, 2025Previously listedTer$1,789,000 —X12589412View
    May 16, 2025Previously listedTer$1,789,000 —X12152977View
    Jan 16, 2025Previously listedTer$2,189,000 —X11927330View
    Sep 18, 2024Previously listedTer$2,699,000 —X9364555View
    Sep 18, 2024Previously listedTer$22 —X9364566View
    Sep 15, 2024Previously listedTer$2,699,000 —X9413825View
    Aug 12, 2024Previously listedTer$22 —X9413314View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      3
      Heating
      None
      Air conditioning
      No
      Water source
      None
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 5936 Main Street
    What's nearby

    Points of interest classified by the MLS® feed.

    • Public Transit
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $7,806
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $585
    0.44% mill rate · ON
    The market

    How this home sits in the Niagara Falls market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Niagara Falls market right now

    Average sold price, days on market, and closed-transaction count for Niagara Falls — sourced from MLS®.

    • Avg sold price
      $591,067
      Last 30 days
    • Median sold price
      $545,000
      Middle of the market
    • Days on market
      43 d
      Avg from list to close
    • Closed last 30d
      287
      MLS® transactions
    Full Niagara Falls market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 5936 Main Street — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 5936 Main Street and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 5936 Main Street listed for?

      5936 Main Street is listed at $1,589,000 on the MLS® (listing X13249178). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 5936 Main Street have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. Commercial Retail
  2. Asking
    $1,589,000
    $120 / sqft · MLS® X13249178
    Chat Zara
  3. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $591,067
    $543,782Confidence range$638,352
    Asking vs estimate
    ↑↑well-above
    +$997,933
    (+168.8%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Niagara Falls sell in about 43 days — this one has been listed 19 days.

    Avg sold price
    $591,067
    Median sold
    $545,000
    Avg days on market
    43
    Recently sold
    287
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    AI highlights by Zara
    • Situated just steps to Clifton Hill, Fallsview Casino, major hotels, restaurants, attractions, and the new Niagara Falls Exchange, this property is positioned in one of the region's most visited and active growth areas.
    • Offered in raw shell condition with impressive 10-11 ft ceilings, this property provides a blank canvas for investors, developers, owner-users, or operators looking to customize and reposition the asset.
    • Concept plans propose 2 commercial units on the main level, 9 residential units on the upper floors, 14 parking spaces, and basement storage space, creating strong potential for multiple income streams.
    • Excellent opportunity for redevelopment, repositioning, or a customized mixed-use project in a rapidly evolving Niagara Falls location.
    Ask Zara a follow-up

    Parking & garage

    1
    Garage
    Other
  4. Lot & land

    1
    Zoning
    GC
  5. Listing & possession

    3
    Occupancy
    IMMEDIATE
    Property style
    Multi-Use
    Property class
    Commercial Retail
  6. Combined estimate
    $8,391
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $7,806
    /mo
    based on the purchase price of $1,589,000
    $317,800 cash
    $1,271,200 financed
    $1,070,684 total interest
    Monthly payment$7,806/ month
    Principal54%$1,271,200
    Interest46%$1,070,684

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    More commercial retails in Niagara Falls

    Active listings within ±20% of this asking price.

    • 4880 Victoria Avenue
      $1,500,000
      4880 Victoria Avenue
      Commercial Retail
    • 5856-5860 FERRY Street
      $1,348,888
      5856-5860 FERRY Street
      Commercial Retail
    • 8568 Lundys Lane
      $1,399,000
      8568 Lundys Lane
      Commercial Retail
    • 5991 Lundy's Lane
      $1,350,000
      5991 Lundy's Lane
      Commercial Retail
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  7. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  8. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  9. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  10. Public listing courtesy of COSMOPOLITAN REALTY · displayed on Summitly per MLS® data-share rules

    5936 Main Street is a 13240 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  11. When was 5936 Main Street built?

    The year built for 5936 Main Street isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  12. What is the property tax for 5936 Main Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for 5936 Main Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  13. How much would the monthly mortgage be on 5936 Main Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,589,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  14. Has 5936 Main Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 5936 Main Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  15. What neighbourhood is 5936 Main Street in?

    5936 Main Street is in Dorchester, Niagara Falls. The 'Neighbourhood' section below links to the live Niagara Falls real estate hub with average sold price, days on market, and current inventory.

  16. Is Niagara Falls a good place to live?

    Niagara Falls is one of ON's actively-tracked Summitly markets. The full Niagara Falls real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.