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For saleMLS® X13602596

4497 Queen Street, Niagara Falls, ON L2E 2L4

Downtown · L2E 2L4

$1,098,000

$161 / sq ft

3 months on market

Total area
6,800 sf
Lot
39.3 × 150 ft

What's special

  • Yes

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About this property

Exceptional mixed-use investment opportunity in the heart of Downtown Niagara Falls. Fully renovated two-storey building offering approximately 6,800 sq. ft., including 4,400 sq. ft. of commercial space and 2,400 sq. ft. of residential space, plus a full basement. The main floor features AAA commercial tenants with long-term leases, providing stable income. The second floor offers three fully renovated and furnished apartments (2 one-bedroom and 1 two-bedroom),ideal for Airbnb or long-term rentals. Prime location just steps from Niagara University, City Hall, the train station, restaurants, and major tourist attractions, with excellent pedestrian traffic. Zoned CB (Central Business), offering outstanding investment and redevelopment potential. New appraisal available. Priced below appraised value with a strong cap rate.

Property details

Property

Property type
retail
Interior size
6,800 sq ft
Lot size
39.3 × 150 ft
Zoning
CB
Possession
TBA

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Sewer
Sanitary

Costs

List price
$1,098,000
Property taxes
$11,665 / year (2025)
Price per sq ft
$161

Listing

MLS® number
X13602596
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 33% of comparable retail listings in Downtown are asking less.

$689KMedian $1.50M$4.60M
This home
$161 / 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 payment7.7% · minimum $84,800
$84,800
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$5,602.16
Property tax (est.)
$972.08
Estimated monthly
$6,574

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
$18,435
Total due on closing
$18,435

An estimate on the asking price of $1,098,000. 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.

$1,098,000

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