5742 STANLEY Avenue
Niagara Falls, Ontario
1,323 sqft • Other
Positioned within one of Canada's premier tourism destinations, 5742 Stanley Avenue presents an exceptional commercial investment opportunity in the heart of Niagara Falls. Whether you're an investor, developer, or business owner, this property offers outstanding potential within a thriving tourism market, ideal for a dual Airbnb setup. The property is located within the Tourist Commercial (TC) and Deferred Tourist Commercial (DTC) planning framework, supporting a wide range of tourism-oriented uses including airbnbs, hotels, motels, restaurants, commercial entertainment, retail, and visitor accommodations. The Tourist Commercial (TC) Zone is intended for active tourism uses, while the Deferred Tourist Commercial (DTC) Zone identifies lands designated for future tourism-related commercial development. An existing detached dwelling occupies the site, offering potential interim use while future redevelopment plans are explored. This is a rare opportunity to secure land in one of Niagara Falls' most established commercial corridors, where demand for tourism-focused development continues to grow.
Price History
Schools
Secondary
- Stamford Collegiate1.1 km
Public · DSB Niagara · 805 students
Grade 10 literacy: 80% met the provincial standard
- Saint Paul Catholic High School3.6 km
Catholic · Niagara CDSB · 790 students
Grade 10 literacy: 84% met the provincial standard
- A N Myer Secondary School3.7 km
Public · DSB Niagara · 1155 students
Grade 10 literacy: 89% met the provincial standard
Elementary
- Valley Way Public School1.2 km
Public · DSB Niagara · 300 students
Grade 3 reading: 79% met the provincial standard · Grade 6 math: 40% met the provincial standard
- St Mary Catholic Elementary School1.5 km
Catholic · Niagara CDSB · 260 students
Grade 3 reading: 89% met the provincial standard · Grade 6 math: 100% met the provincial standard
- Simcoe Street Public School1.6 km
Public · DSB Niagara · 285 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 56% 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
- $560,772
- Homes sold
- 1,074
- Median days on market
- 31
- Sale-to-list price
- 96.1%
Based on 1,074 recorded sales of other properties in Niagara Falls over the last 12 months.
Location
Mortgage Calculator
$220,000
Estimated Monthly Payment
$5,404
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $5,404/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $275/mo
Estimates only. Consult a financial advisor.