5234 Victoria Avenue
Niagara Falls, ON
- 23,798 sqft
- Commercial Retail
- 239 days on market
Attention Investors/Builders! This prime-location site offers two-corner access and is within walking distance to key attractions: 8 minutes to Clifton Hill 14 minutes to the Falls,casinos, restaurants, and all the attractions in the Fallsview Tourist Area. The seller has applied for a new concept development featuring 35 units (with potential to build up to 61 units) plus 5000 sq ft commercial space on the main floor. The project can be developed as either a rental building or a condo building, offering very high returns upon development due to its prime location and high demand in the area. A clean environmental report and a new survey are available for review.
Listing Details
- Taxes (2025)
- $18,800
- Originally Listed
- $2,198,000
- Listed
- January 8, 2026
Price History
Property
- Lot Size
- 164 x 145 Feet
Parking
- Garage
- Outside/Surface
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- Mcrae St/Victoria Ave
- Zoning
- GC
- Possession
- Flexible
- Occupancy
- Vacant
Commercial
- Office / Apartment Area
- 3500 Sq Ft
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area L2E
- Population
- 18,587
- Private dwellings
- 9,017
- Median age
- 46.4
- Average household size
- 2.2
- Median household income
- $60,800
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
Commercial in Niagara Falls · last 12 months
- Median sold price
- $560,000
- Homes sold
- 1,063
- Median days on market
- 31
- Sale-to-list price
- 96.2%
Based on 1,063 recorded sales of commercial properties in Niagara Falls over the last 12 months.
Listed by
SUTTON GROUP-ADMIRAL REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 23,798 sq ft
- Price per sq ft
- $121.82
- Annual property tax
- $18,800
- Tax per sq ft
- $0.79
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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