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For saleMLS® X13588820

5002 Victoria Avenue, Niagara Falls, ON L2E 4C8

Downtown · L2E 4C8

$649,000

$433 / sq ft

3 months on market

Total area
1,500 sf
Lot
20 × 150 ft

What's special

  • Partial

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About this property

Sale of Building. Motivated Sellers! Attention Investors! Fantastic Opportunity To Own A TurnKey Mixed Use Commercial Building In The Heart Of Niagara Falls Tourist District With GC Zoning. The Building Offers A Wonderful Ground Floor Retail Space Along With 3 Separate One Bedroom Apartment Units, Each With Their Own Kitchen & Bathrooms. Retail Space & 3 Apartment Units Offer Great Rental Income For Long Term Lease Or Year Round Airbnb Opportunities That Can Offer A Cash Flow Positive Investment. All Units Have Been Recently Renovated & Have Hydro Metered Separately. Current Lease In Place For Roof Signage Company For Additional Income. Conveniently Located Close To The Falls, Clifton Hill Tourist Area, Casino, Restaurants &Entertainment, University of Niagara Falls Canada. Easy Access To QEW Highway & Walking Distance To Niagara Falls GO Station. Schedule A Showing Today!

Property details

Property

Property type
retail
Interior size
1,500 sq ft
Lot size
20 × 150 ft
Zoning
GC
Possession
Immediate

Interior

Heating
Other
Cooling
Partial

Costs

List price
$649,000
Property taxes
$4,252 / year (2025)
Price per sq ft
$433

Listing

MLS® number
X13588820
Status
For sale
Listed
July 21, 2026
Days on market
107
Last updated
July 21, 2026
Listing brokerage
CENTURY 21 HERITAGE GROUP 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 below most comparable listings — about 0% of comparable retail listings in Downtown are asking less.

$940KMedian $1.50M$4.60M
This home
$433 / sq ft
Comparable median
$230 / sq ft

Based on 9 comparable active retail listings in Downtown. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.1% · minimum $39,900
$39,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,367.82
Property tax (est.)
$354.33
Estimated monthly
$3,722

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
$9,455
Total due on closing
$9,455

An estimate on the asking price of $649,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CENTURY 21 HERITAGE GROUP 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.

$649,000

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