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For saleMLS® X14118900

5024 Centre Street, Niagara Falls, ON L2G 3N7

Clifton Hill · L2G 3N7

$899,900

$1,500 / sq ft

1 weeks on market

Total area
600 sf
Lot
13.43 × 61 ft

What's special

  • Yes

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About this property

Niagara Falls is located on the border of Ontario, Canada and New York State, USA, connecting Lake Ontario and Lake Erie. Millions of years of erosion have given us the privilege of witnessing its current magnificent grandeur. A thousand years of waiting have brought us together at this moment, in this spectacle. However, what we appreciate here is not just scenery, but also an opportunity to create wealth and value.5024 Centre St. is located at the busiest intersection of Clifton Hill and Victoria Road within the scenic area. It is surrounded by entertainment venues, restaurants, and hotels, attracting over 14 million visitors annually. This 600-square-foot shop, designed for tourism-oriented commercial use, can be used as a convenience store, bubble tea shop, takeout restaurant, souvenir retail, etc. Currently, the tenant is a chain convenience store with a long-term lease and stable rent. This not only avoids many inconveniences associated with dealing with residential tenants but also fulfills the investment aspirations of overseas buyers in Niagara.

Property details

Property

Property type
retail
Interior size
600 sq ft
Lot size
13.43 × 61 ft
Zoning
TC
Possession
Immediate

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Costs

List price
$899,900
Property taxes
$6,459 / year (2025)
Price per sq ft
$1,500

Listing

MLS® number
X14118900
Status
For sale
Listed
October 26, 2026
Days on market
9
Last updated
October 26, 2026
Listing brokerage
RE/MAX NIAGARA REALTY LTD, BROKERAGE

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 58% of comparable retail listings in Niagara Falls are asking less.

$413Median $799K$2.46M
This home
$1,500 / sq ft
Comparable median
$152 / sq ft

Based on 43 comparable active retail listings in Niagara Falls. These are asking prices, not sale prices.

Mortgage estimate

Down payment7.2% · minimum $64,990
$64,990
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$4,616.36
Property tax (est.)
$538.25
Estimated monthly
$5,155

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
$14,473
Total due on closing
$14,473

An estimate on the asking price of $899,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX NIAGARA REALTY LTD, BROKERAGE. 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.

$899,900

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Comparable sales nearby

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