5470 Victoria Avenue Niagara Falls, Ontario L2G 3L2

Fully Air Conditioned Forced Air Acreage

$2,999,999

TWO PARCELS FOR THE PRICE OF ONE! Secure a prime strategic footprint in the second most visited city in the country. Zoned Tourist Commercial (TC), this coveted assembly sits in the heart of Niagara Falls high-traffic Clifton Hill entertainment subdistrict. Features 5470 Victoria Ave (luxury main-floor restaurant with recently updated 4-bed, 3-bath upper residential space) AND 5480 Victoria Ave (rare 17-car private lot ideal for an automated, zero-maintenance parking gate system). STUNNING SECURED CASH FLOW: Completely de-risked by a stellar lease agreement locking in aggressive contractual escalations: $12,000/m in 2028, $13,500/m in 2030, and $15,000/month in 2032. Collect premium, escalating hassle-free income , plan a future high-rise, or execute a retail boutique store. Located in close proximity to the highly anticipated 50-storey 'Music City' Hotel/Entertainment Hub and 4-level city parking structure. The zoning allows endless possibilities. The window to buy before this pocket explodes is closing fast. Book your private tour today! (id:53712)

Property Details

MLS® Number X13161710
Property Type Retail
Community Name 214 - Clifton Hill
Parking Space Total 17

Building

Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Utility Water Municipal Water

Land

Acreage Yes
Sewer Sanitary Sewer
Size Depth 115 Ft
Size Frontage 120 Ft
Size Irregular 13777
Size Total 13777 Ac
Size Total Text 13777 Ac
Zoning Description Tc

https://www.realtor.ca/real-estate/29791124/5470-victoria-avenue-niagara-falls-clifton-hill-214-clifton-hill

Contact Us

Contact us for more information

Donna Park
Salesperson

(905) 688-4561
www.facebook.com/profile.php?id=100091150864249
www.linkedin.com/in/donna-park-4a3b39145
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Royal LePage NRC Realty
33 Maywood Ave
St. Catharines, Ontario L2R 1C5

(905) 688-4561
www.nrcrealty.ca/

Arjun Gupta
Salesperson

(905) 359-8345

Royal LePage NRC Realty
4850 Dorchester Road #b
Niagara Falls, Ontario L2E 6N9

(905) 357-3000
www.nrcrealty.ca/

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