Listed for:Listed Jul 20, 2026
$649,000

5002 Victoria Avenue

Niagara Falls (Downtown), ON L2E 4C8

Store W Apt/Office For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 5002 Victoria Avenue, Niagara Falls, Downtown

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 5002 Victoria Avenue, Niagara Falls, Downtown

Summarized Description

  • Turnkey commercial building in Niagara Falls tourist district.
  • Includes 3 renovated one-bedroom apartments.
  • Ground floor retail space for additional income.
  • Hydro metered separately for each unit.
  • Great potential for long-term leases or Airbnb.
  • Convenient access to attractions and transportation.
  • Motivated sellers looking for offers.

Sale of Building. Motivated Sellers! Attention Investors! Fantastic Opportunity To Own A TurnKey Mixed Use Commercial Building In The Heart Of Niagara Falls Tourist District With GC Zoning. The Building Offers A Wonderful Ground Floor Retail Space Along With 3 Separate One Bedroom Apartment Units, Each With Their Own Kitchen & Bathrooms. Retail Space & 3 Apartment Units Offer Great Rental Income For Long Term Lease Or Year Round Airbnb Opportunities That Can Offer A Cash Flow Positive Investment. All Units Have Been Recently Renovated & Have Hydro Metered Separately. Current Lease In Place For Roof Signage Company For Additional Income. Conveniently Located Close To The Falls, Clifton Hill Tourist Area, Casino, Restaurants &Entertainment, University of Niagara Falls Canada. Easy Access To QEW Highway & Walking Distance To Niagara Falls GO Station. Schedule A Showing Today!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,252
Land Transfer Tax Fee
$9,455

Interior Features

Security Features
No
Fireplace/Stove
No
Elevator
No

Building

Building Type
Store W Apt/Office

Lot

Lot Front
20.00 ft
Lot Depth
150.00 ft

Inclusions

Inclusions
Please Contact Listing Agent For Full List.

Parking & Garages

Garage Type
None

Heating & Cooling

Heat Type
Other
Air Conditioning
Partial
Water
Municipal

Municipality
Niagara Falls
Neighbourhood
Downtown
Main cross streets
Victoria Ave/Falls Ave
Zoning
GC
Directions
Victoria Ave/Falls Ave

MLS® number
X13588820
Data source
Toronto Regional Real Estate Board
Listed on
2026-07-20
Updated on
2026-07-21
Days on market
91 days
Possession date
2026-08-01
Possession type
Immediate
Co-op commission
2.25% Plus HST
Seller
Listed by
CENTURY 21 HERITAGE GROUP LTD.

Home Market Value

Current home valuation for 5002 Victoria Avenue, Niagara Falls, Downtown, Niagara Falls, ON. Listed for $649,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 5002 Victoria Avenue, Niagara Falls, Downtown

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Niagara Falls, ON
Minimum Down Payment Required:6.1%

5% on first $500K + 10% on $149,000 over $500K

Minimum down payment

$39,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$24,350$18,107$15,446$0
=Total mortgage
$633,112$602,207$567,096$519,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,091monthly$2,940monthly$2,769monthly$2,535monthly
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Land Transfer Tax

Provincial

$9,455

Total Land Transfer Tax

$9,455

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