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For saleMLS® X12116135

5916 Main Street, Niagara Falls, ON L2G 5Z8

Dorchester · L2G 5Z8

$675,000

$188 / sq ft

18 months on market

Total area
3,584 sf
Lot
41 × 171 ft

What's special

  • Outside/surface garage

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About this property

3,584 sq. ft. two-storey sandwich style building on 0.131 acres in the heart of Niagara Falls' tourist area! Comprised of two ground floor commercial units and two second floor residential units in Grey shell condition and ready for your design & finishes. A redevelopment opportunity for sale in the heart of downtown and adjacent to the new Niagara Falls Exchange - Farmers Market and Cultural Hub, the Niagara Falls History Museum, and a Municipal Parking Lot. Prime location with plenty of road & foot traffic! Close to U.S.A. Border, on a Public Transit route, and just 1.2 km to quick & easy QEW Highway access.

Property details

Property

Property type
investment
Interior size
3,584 sq ft
Lot size
41 × 171 ft
Zoning
GC
Possession
Immediate

Interior

Heating
Gas Forced Air Closed
Cooling
No

Exterior & services

Garage
Outside/Surface
Sewer
Sanitary

Costs

List price
$675,000
Property taxes
$8,758 / year (2024)
Price per sq ft
$188

Listing

MLS® number
X12116135
Status
For sale
Listed
May 1, 2025
Days on market
553
Last updated
July 30, 2026
Listing brokerage
COLLIERS INTERNATIONAL NIAGARA LTD.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 42% of comparable multi-unit / investment listings in Niagara Falls are asking less.

$445KMedian $920K$4.66M
This home
$188 / sq ft
Comparable median
$241 / sq ft

Based on 12 comparable active multi-unit / investment listings in Niagara Falls. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.3% · minimum $42,500
$42,500
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,497.20
Property tax (est.)
$729.83
Estimated monthly
$4,227

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$9,975
Total due on closing
$9,975

An estimate on the asking price of $675,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of COLLIERS INTERNATIONAL NIAGARA LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$675,000

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