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4965,4971,4981,5516 Stanley Ave, Morden Drive Avenue

4965,4971,4981,5516 Stanley Ave, Morden Drive Avenue

Niagara Falls, ON

  • 48,555 sqft
  • Land
  • 212 days on market
$4,999,000

Excellent opportunity for Developers/Investors to own this beautiful piece of property. This property consists of Four existing Residential houses. The Niagara falls city has approved the zoning for 6 story Residential/Commercial building containing 73 residential units and 4800 sq ft of commercial on first floor. Property sits Right across HWY 420/ Stanley Ave , Close to Falls, Casino, Tourism District, Downtown, Walk to bus stop, Railway station very close. Oaks park, Oaks soccer field, Oaks park stadium across the street. Five minutes to Home Depot, Canadian Tire, Zehrs and Gym. Location of this property is the prime selling feature.

Listing Details

Taxes (2025)
$1
Listed
February 10, 2026

Price History

Property

Lot Size
277.54 x 200.45 Feet

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
HWY420/STANLEY AVE
Zoning
R5F
Possession
Immediate
Occupancy
Tenant

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
1,062
Median days on market
31
Sale-to-list price
96.2%

Based on 1,062 recorded sales of commercial properties in Niagara Falls over the last 12 months.

Listed by

HOMELIFE SUPERSTARS REAL ESTATE LIMITED

Walk Score

81

Walk

46

Transit

51

Bike

Scores by Walk Score®

Commercial figures

Building area
48,555 sq ft
Price per sq ft
$102.96
Annual property tax
$1
Tax per sq ft
$0.00

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

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