$4,900,000
5306 VICTORIA Avenue, Niagara Falls, ON L2E 4E8
Cherrywood
Listing courtesy of Wisdomax Realty LTD
Cherrywood · L2E 2R9
$5,800,000
$414 / sq ft1 months on market
Rare Downtown Niagara Falls Investment & Development Opportunity! Approximately 1.2 acres with 3 buildings (4816 Bridge, 4830 Bridge, and 4840 Bridge), ample parking, and two road entrances on a corner lot. Main building features approx. 7,000 sq. ft. restaurant/souvenir retail space plus 19 recently renovated hotel rooms, each with a private bathroom, one shared kitchen, laundry and living area. Basement includes a club space currently not operating. Second building offers a commercial unit plus multiple residential units. Third building is a fully renovated house with a tenant. Excellent location within walking distance to the GO Train station, bus terminal and new Niagara university. Potential for student-oriented accommodations, or Senior home, and future expansion/redevelopment, subject to zoning and municipal approvals. Excellent opportunity for investors, developers and owner-operators. Buyer to verify zoning, permitted uses and development potential.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 100% of comparable business for sale listings in Niagara Falls are asking less.
Based on 20 comparable active business for sale listings in Niagara Falls. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $5,800,000. 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.
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$4,900,000
Cherrywood
Listing courtesy of Wisdomax Realty LTD