4450 Phillip Street
Niagara Falls, ON
5,400 sqft • Investment • 171 days on market
INVESTORS, look no further! An exceptional multi-residential investment in one of Niagara Falls' most vibrant corridors, offering stable net operating income with strong long-term development potential. Only 5 MINUTES to downtown Clifton Hill, casinos, restaurants, public transit, and more! This Niagara Falls treasure features six spacious two-bedroom units boasting over per unit, with private front and rear entrances, bright sunrooms, and a consistent, functional layout throughout. An additional one-bedroom in-law suite on the lower level enhances flexibility and revenue opportunities. Each principal unit is separately metered for hydro with on-site coin laundry, outdoor parking lot, and more. Ideally located just a five-minute walk to Downtown Clifton Hill and moments from the Niagara Falls tourism district and Casino Niagara, the property benefits from exceptional walkability. Its proximity to the International U.S. Canada Border, highway access, the scenic Niagara Parkway, world-class dining, shopping, and attractions make this building a strategic acquisition in a premier growth setting. TONS of potential for investors who have the vision.
Listing Details
- Taxes (2025)
- $6,151
- Listed
- March 4, 2026
Price History
Property
- Age
- 100+
- Lot Size
- 50 x 130 Feet
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- West off River Rd./ East from Ontario Ave
- Zoning
- R2
- Possession
- Immediate
Commercial
- Business Type
- Other
- Occupancy
- Tenant
Included
- Exclusions
- Tenant Belongings
- Rental Items
- N/A
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
- 1,071
- Median days on market
- 31
- Sale-to-list price
- 96.2%
Based on 1,071 recorded sales of commercial properties in Niagara Falls over the last 12 months.
Listed by
RE/MAX NOBLECORP REAL ESTATE
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Commercial figures
- Building area
- 5,400 sq ft
- Price per sq ft
- $305.56
- Annual property tax
- $6,151
- Tax per sq ft
- $1.14
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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