
Niagara Falls, ON L2E 4C5
Outstanding investment opportunity in the heart of downtown Niagara Falls! Located in the Niagara Falls CIP area with access to redevelopment grants and incentives including tax increment rebates, development charge deferrals, façade and building improvement funding, and permit fee rebates this property offers incredible upside for investors or owner-operators. Featuring 3,700 sq. ft. on the main floor and 3,700 sq. ft. on the second floor plus a full basement, it is currently operating as a turnkey 130-seat restaurant with all equipment, furniture, and fixtures included. The second floor can be converted into up to 6 residential units under General Commercial zoning, while maintaining commercial income from the main level. 12+ private parking spaces at the rear provide rare convenience for a downtown property. Just steps from Clifton Hill, Casino Niagara, Great Wolf Lodge, LCBO, Tim Hortons, and the public library, this location benefits from constant year-round foot and vehicle traffic. Ideal for a family-run restaurant, banquet and wedding venue, or a high-yield mixed-use redevelopment, this property offers strong income potential and long-term appreciation. With excellent visibility on one of Niagara's busiest corridors and quick access to the QEW, 4880 Victoria Avenue is perfectly positioned to capitalize on the city's growing demand for residential and commercial space. A rare chance to secure a high-traffic, grant-eligible property in one of Canadas top tourist destinations!
TRREB MLS® Attribution
MLS® X12436108
Listed by ROYAL LEPAGE NRC REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$9,766
/month · $1,600,000 mortgage
Amortization
Total Interest
$1,329,879
Total Cost
$2,929,879
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ROYAL LEPAGE NRC REALTY