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For saleMLS® X13792932

4898 VICTORIA Avenue, Niagara Falls, ON L2E 4C6

Downtown · L2E 4C6

$2,300,000

$230 / sq ft

1 months on market

Total area
10,000 sf
Lot
86.22 × 113.1 ft

What's special

  • Outside/surface garage
  • Partial

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About this property

Located Right on Victoria Avenue Where you Can Easily Connect To The Main Attractions Of Niagara Falls is This Commercial-Residential Property, Consisting of 12 Residential Units of Which, 7 Units 2 BR., 3 Units 1 BR., 2 Studios and 2 Commercial. All Units are Presently Rented.The NOI Gives you a Satisfactory Return Cap Rate, With a Future Potential Rent Increase.The Buyer and Buyer Agent Agrees to Verify and Perform their Own " DUE DILIGENCE"

Property details

Property

Property type
retail
Interior size
10,000 sq ft
Lot size
86.22 × 113.1 ft
Zoning
COMMERCIAL-RESIDENTIAL
Possession
TBA

Interior

Heating
Gas Forced Air Open
Cooling
Partial

Exterior & services

Garage
Outside/Surface

Costs

List price
$2,300,000
Property taxes
$19,754 / year (2026)
Price per sq ft
$230

Listing

MLS® number
X13792932
Status
For sale
Listed
September 16, 2026
Days on market
49
Last updated
September 16, 2026
Listing brokerage
HOMELIFE/BAYVIEW 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 above most comparable listings — about 78% of comparable retail listings in Downtown are asking less.

$689KMedian $1.10M$4.60M
This home
$230 / 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 payment20.0% · minimum $460,000
$460,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$10,173.68
Property tax (est.)
$1,646.17
Estimated monthly
$11,820

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
$43,975
Total due on closing
$43,975

An estimate on the asking price of $2,300,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of HOMELIFE/BAYVIEW 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.

$2,300,000

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Comparable sales nearby

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