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For saleMLS® X13709584

5043 Centre Street, Niagara Falls, ON L2G 3N8

Clifton Hill · L2G 3N8

$399,000

$40 / sq ft

2 months on market

Total area
10,000 sf
Lot
50.59 × 128 ft
Age
6-15 years

What's special

  • Yes

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About this property

An extraordinary opportunity to establish a flagship restaurant, entertainment venue, or hospitality concept in the heart of Niagara Falls. 5043 Centre Street is a rare freestanding, purpose-built hospitality property ideally positioned at Centre Street and Victoria Avenue, just steps from Clifton Hill and within walking distance of Niagara Falls. Spanning 10,000+ sq. ft. across three levels with an impressive licensed capacity of 616, this fully equipped facility is built for high-volume food, beverage and entertainment operations. The property features two large commercial exhaust hoods, full-service kitchens, walk-in fridge and freezer, extensive prep areas, multiple bars, roll-up garage doors and significant back-of-house infrastructure. The true showstopper is the rooftop patio with direct views of Niagara Falls - an incredibly rare and compelling feature that creates the opportunity for a truly iconic destination concept. On-site parking is included, with a 24-hour public parking lot immediately adjacent to the property, providing exceptional convenience for guests. With its scale, infrastructure, location and unparalleled rooftop setting, this is an opportunity for an ambitious operator or established brand to secure a signature flagship location in one of Canada's busiest year-round tourism destinations. Gross Rent: $30,000/month inclusive of TMI + HST. 5-year term + 5-year renewal option. Please do not go direct.

Property details

Property

Property type
business
Interior size
10,000 sq ft
Year built
6-15
Lot size
50.59 × 128 ft
Zoning
Tourist Commercial
Possession
TBD

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Costs

List price
$399,000
Price per sq ft
$40
Rental items
* As per List of Chattels & Equipment *

Listing

MLS® number
X13709584
Status
For sale
Listed
August 25, 2026
Days on market
72
Last updated
August 25, 2026
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES 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 70% of comparable business for sale listings in Niagara Falls are asking less.

$74KMedian $199K$1.84M
This home
$40 / sq ft
Comparable median
$151 / sq ft

Based on 20 comparable active business for sale listings in Niagara Falls. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $19,950
$19,950
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,095.83
Estimated monthly
$2,096

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
$4,460
Total due on closing
$4,460

An estimate on the asking price of $399,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES 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.

$399,000

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Nearby sold prices are hidden

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