40
$5,800,000
4816 BRIDGE Street, Niagara Falls, ON L2E 2R9
Cherrywood
14,000 sf
1 months on marketMLS® X13837450
Listing courtesy of Wisdomax Realty LTD
1 / 49
For saleMLS® X13837422
5306 VICTORIA Avenue, Niagara Falls, ON L2E 4E8
Cherrywood · L2E 4E8
$4,900,000
$408 / sq ft1 months on market
- Total area
- 12,000 sf
- Lot
- 134.27 × 122.35 ft
- Age
- 51-99 years
What's special
- Yes
About this property
Prime Niagara Falls Investment Opportunity! Exceptional location at 5306 Victoria Ave., within walking distance to the Falls, Clifton Hill, Casino Niagara and major tourist attractions. Excellent access to Highway 420 and the QEW.Property features 16 fully furnished and renovated hotel rooms, currently operating as short-term rentals. Approximately 6,000 sq. ft. of restaurant space with two kitchens; approximately half is currently leased, with the remaining space available for an owner-user or additional tenant.Also includes a 4-bedroom upper-level apartment and a 1-bedroom basement apartment, both tenant-occupied and with separate entrances. Ample on-site parking adds significant value in this high-demand tourist area.A versatile property offering multiple income streams and excellent potential for investors, hospitality operators and owner-users. Rare opportunity to own a substantial income-producing property in a premium Niagara Falls location.
Property details
Property
- Property type
- business
- Interior size
- 12,000 sq ft
- Year built
- 51-99
- Lot size
- 134.27 × 122.35 ft
- Zoning
- GC
- Possession
- Flexible
Interior
- Heating
- Gas Forced Air Open · Gas
- Cooling
- Yes
Exterior & services
- Sewer
- Sanitary
Costs
- List price
- $4,900,000
- Property taxes
- $13,844 / year (2026)
- Price per sq ft
- $408
- Rental items
- Hot water heater
Listing
- MLS® number
- X13837422
- Status
- For sale
- Listed
- September 28, 2026
- Days on market
- 37
- Last updated
- October 1, 2026
- Listing brokerage
- Wisdomax Realty 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 above most comparable listings — about 95% of comparable business for sale listings in Niagara Falls are asking less.
$74KMedian $199K$554K
- This home
- $408 / sq ft
- Comparable median
- $111 / sq ft
Based on 20 comparable active business for sale listings in Niagara Falls. These are asking prices, not sale prices.
Mortgage estimate
Down payment20.0% · minimum $980,000
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $21,674.35
- Property tax (est.)
- $1,153.63
- Estimated monthly
- $22,828
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
- $108,975
- Total due on closing
- $108,975
An estimate on the asking price of $4,900,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Wisdomax Realty 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.
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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