10
$1,500,000
4880 Victoria Avenue, Niagara Falls, ON L2E 4C5
Downtown
9,900 sf
2 months on marketMLS® X13745248
Listing courtesy of ROYAL LEPAGE NRC REALTY
1 / 71
For saleMLS® X13602146
4507 Queen Street, Niagara Falls, ON L2E 2L4
Downtown · L2E 2L4
$1,498,000
$134 / sq ft3 months on market
- Total area
- 11,200 sf
- Lot
- 60.2 × 150 ft
What's special
- Yes
About this property
Exceptional value-add mixed-use investment in the heart of Downtown Niagara Falls. This fully renovated property offers over 8,000 sq. ft. on two levels plus a full basement, featuring 2commercial units (1 leased, 1 vacant) and 7 fully furnished residential units, ideal for short-term (Airbnb) or long-term rentals. Located in the CB (Central Business) zone, just steps from Niagara University, City Hall, transit, restaurants, and major tourist attractions, ensuring excellent pedestrian traffic and rental demand. Strong cash flow, high cap rate, and significant upside with vacant commercial space. New appraisal available. Offered well below appraised value, making this one of the best investment opportunities in Niagara Falls.
Property details
Property
- Property type
- retail
- Interior size
- 11,200 sq ft
- Lot size
- 60.2 × 150 ft
- Zoning
- CB
- Possession
- TBA
Interior
- Heating
- Gas Forced Air Open
- Cooling
- Yes
Exterior & services
- Sewer
- Sanitary
Costs
- List price
- $1,498,000
- Property taxes
- $13,825 / year (2025)
- Price per sq ft
- $134
Listing
- MLS® number
- X13602146
- Status
- For sale
- Listed
- July 24, 2026
- Days on market
- 104
- Last updated
- August 17, 2026
- Listing brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
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 56% of comparable retail listings in Downtown are asking less.
$689KMedian $1.10M$4.60M
- This home
- $134 / sq ft
- Comparable median
- $280 / sq ft
Based on 9 comparable active retail listings in Downtown. These are asking prices, not sale prices.
Mortgage estimate
Down payment8.3% · minimum $124,800
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $7,592.66
- Property tax (est.)
- $1,152.08
- Estimated monthly
- $8,745
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
- $26,435
- Total due on closing
- $26,435
An estimate on the asking price of $1,498,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.. 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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