
5485 VICTORIA Street
Niagara Falls, Ontario
19,030 sqft • Other
Rare redevelopment opportunity in the heart of Niagara Falls’s rapidly evolving tourist district. Situated on a prominent 0.536-acre corner parcel with exceptional frontage on Victoria Avenue, this high-exposure property is among the closest privately available development sites to Clifton Hill, the Falls, major casinos, hotels, nightlife, and the U.S. border. Zoned Tourist Commercial (TC), the site offers outstanding potential for a boutique hotel, entertainment venue, brewery, mixed-use concept, or future redevelopment project in one of Canada’s most visited destinations. The existing ±19,030 sq ft structure spans multiple levels and showcases a striking stone exterior, soaring cathedral ceilings, exposed wood construction, stained-glass windows, expansive hall with stage, full commercial kitchen, balcony, and a fully finished lower level with multiple rooms and amenities. The scale, architectural character, and visibility create a rare opportunity for adaptive reus! e or repositioning. Niagara Falls continues to experience major public and private investment focused on tourism, entertainment, and year-round destination growth, further strengthening the long-term potential of this location. With direct QEW access and unmatched proximity to major attractions, properties of this size, exposure, zoning, and character rarely become available in Niagara Falls’ core tourist area.
Price History
Schools
Elementary
- Plymouth Public School0.3 km
Public · DSB Niagara · 460 students
Grade 3 reading: 97% met the provincial standard · Grade 6 math: 100% met the provincial standard
- St Mary Catholic Elementary School0.6 km
Catholic · Niagara CDSB · 205 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 50% met the provincial standard
- Princess Elizabeth Public School1 km
Public · DSB Niagara · 465 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 48% met the provincial standard
Secondary
- Eastdale Secondary School1.6 km
Public · DSB Niagara · 455 students
Grade 10 literacy: 92% met the provincial standard
- Notre Dame College School1.6 km
Catholic · Niagara CDSB · 1130 students
Grade 10 literacy: 85% met the provincial standard
- École secondaire Franco-Niagara1.7 km
French public · CS Viamonde · 120 students
Grade 10 literacy: 100% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L2G
- Population
- 30,344
- Private dwellings
- 13,412
- Median age
- 44.8
- Average household size
- 2.4
- Median household income
- $69,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Other in Niagara Falls · last 12 months
- Median sold price
- $561,000
- Homes sold
- 1,069
- Median days on market
- 31
- Sale-to-list price
- 96.2%
Based on 1,069 recorded sales of other properties in Niagara Falls over the last 12 months.
Location
Mortgage Calculator
$960,000
Estimated Monthly Payment
$23,581
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $23,581/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $1,200/mo
Estimates only. Consult a financial advisor.
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