



$649,000
Niagara Falls
5002 Victoria Avenue, Niagara Falls (Downtown), Ontario, L2E4C8
This retail property in Niagara Falls is for sale offering roughly 1,500 sq ft of space.
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! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 106 days on market, against an average age of 88 days across the listings currently for sale in this city
This retail in Niagara Falls (Downtown) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $649,000, about 10.7× the local median household income of $60,800.
Carrying it typically needs a household income of about $126,772 (20% down, 25-yr amortization, stress-tested) — roughly 109% above the area median.
Source: Statistics Canada, 2021 Census (FSA L2E)
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