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4898 VICTORIA Avenue

4898 VICTORIA Avenue

Niagara Falls, ON

  • 10,000 sqft
  • Commercial Retail
  • 4 days on market
$2,300,000

Located Right on Victoria Avenue Where you Can Easily Connect To The Main Attractions Of Niagara Falls is This Commercial-Residential Property, Consisting of 12 Residential Units of Which, 7 Units 2 BR., 3 Units 1 BR., 2 Studios and 2 Commercial. All Units are Presently Rented.The NOI Gives you a Satisfactory Return Cap Rate, With a Future Potential Rent Increase.The Buyer and Buyer Agent Agrees to Verify and Perform their Own " DUE DILIGENCE"

Listing Details

Taxes (2026)
$19,754
Listed
September 16, 2026

Price History

Property

Lot Size
86.22 x 113.1 Feet

Parking

Garage
Outside/Surface

Location & Legal

Cross Street
VICTORIA Ave. and MORRISON St.
Zoning
COMMERCIAL-RESIDENTIAL
Parcel Number
643360011
Possession
Flexible
Occupancy
Tenant

Commercial

Office / Apartment Area
91 %

Included

Inclusions
All Chattels Belonging to the Seller
Exclusions
All Chattels Belonging to the Tenants

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
1,067
Median days on market
31
Sale-to-list price
96.1%

Based on 1,067 recorded sales of commercial properties in Niagara Falls over the last 12 months.

Listed by

HOMELIFE/BAYVIEW REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
10,000 sq ft
Price per sq ft
$230.00
Annual property tax
$19,754
Tax per sq ft
$1.98

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

R

Reita | Assistant

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Reita said:

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