5470 + 5480 Victoria Avenue, Niagara Falls, ON L2G 3L2
$2,999,999
$2,999,999

5470 + 5480 Victoria Avenue

214 - Clifton Hill, Niagara Falls, Niagara $2,999,999

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Outside/Surface Garage
Parking for 17
Zoning: TC
MLS®#:
X13161710
Property Type:
Commercial Retail
Property Style:
Area:
Niagara
Community:
214 - Clifton Hill
Taxes:
$22,177.21 / 2025
Added:
May 22 2026
Lot Frontage:
120
Lot Depth:
115
Status:
Active
Outside:
Year Built:
Brokerage:
ROYAL LEPAGE NRC REALTY
Lot :

115

120

Intersection:
Victoria Ave and Falls Ave
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Municipal
Cooling:
Yes
Heating Type:
Gas Forced Air Closed
Heating Fuel:

Listing Details

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!

All Kitchen equipment in Restaurant on main floor

Neighborhood Overview

Complete neighborhood profile for 5470 + 5480 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)