5485 Victoria Avenue, Niagara Falls, ON L2G 3L3
$4,799,999
$4,799,999
MLS®#:
X13097850
Property Type:
Commercial Retail
Property Style:
Area:
Niagara
Community:
214 - Clifton Hill
Taxes:
$22,750 / 2025
Added:
May 06 2026
Lot Frontage:
174
Lot Depth:
155.1
Status:
Active
Outside:
Year Built:
Brokerage:
RE/MAX ESCARPMENT GOLFI REALTY INC.
Lot :

155

174

BIG LOT

Intersection:
Kitchener Street
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Municipal
Cooling:
Yes
Heating Type:
Radiant
Heating Fuel:

Listing Details

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.

Insights

  1. Prime Location: This property is situated in the heart of Niagara Falls' tourist district, offering exceptional visibility and accessibility, making it ideal for businesses targeting tourists and locals alike.
  2. Redevelopment Potential: Zoned Tourist Commercial (TC), the site presents a unique opportunity for various developments such as a boutique hotel or entertainment venue, capitalizing on the area's ongoing growth and investment.
  3. Strong Investment Opportunity: With a significant existing structure and the potential for adaptive reuse, this property offers a promising return on investment in a high-demand area, especially with the continuous influx of tourists.

Neighborhood Overview

Complete neighborhood profile for 5485 Victoria Avenue

214 - Clifton Hill home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in 214 - Clifton Hill
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)