5002 Victoria Avenue, Niagara Falls, ON L2E 4C8
$699,000
$699,000
MLS®#:
X12762064
Property Type:
Store W Apt/Office
Property Style:
Area:
Niagara
Community:
210 - Downtown
Taxes:
$4,252 / 2025
Added:
February 04 2026
Lot Frontage:
20
Lot Depth:
150
Status:
Active
Outside:
Year Built:
Brokerage:
CENTURY 21 HERITAGE GROUP LTD.
Lot :

150

20

Intersection:
Victoria Ave/Falls Ave
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Municipal
Cooling:
Partial
Heating Type:
Other
Heating Fuel:

Listing Details

Sale of Building. Motivated Sellers! Attention Investors! Fantastic Opportunity To Own A Turn Key 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!

Please Contact Listing Agent For Full List.

Insights

  1. Strong Rental Income Potential: The property features a ground floor retail space along with three separate one-bedroom apartments, each with their own kitchen and bathroom. This mixed-use setup offers multiple streams of rental income, making it an attractive investment for long-term leases or year-round Airbnb opportunities.
  2. Prime Location in Tourist District: Situated in the heart of Niagara Falls' tourist district, the property is conveniently located near major attractions such as the Falls, Clifton Hill, and the Casino. This high foot traffic area enhances the potential for retail success and occupancy rates for the apartments.
  3. Recently Renovated Units: All units have been recently renovated and are separately metered for hydro, reducing management hassles and appealing to potential tenants. This modernized condition can lead to higher rental rates and lower vacancy periods.

Neighborhood Overview

Complete neighborhood profile for 5002 Victoria Avenue

210 - Downtown home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in 210 - Downtown
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)