For Sale

5234 Victoria Avenue, Niagara Falls, Ontario L2E 4C6

$2,198,000

5234 Victoria Avenue, Niagara Falls, Ontario L2E 4C6 is For Sale and has a listing price of 2,198,000. The property is located in the Niagara Falls . It's been on the website for 1 Day.

  • MLS ID: X12675854
  • Office Name SUTTON GROUP-ADMIRAL REALTY INC.
Property Description

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.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12675854
  • Price: $2,198,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 145
  • Ref ID: X12675854
  • Dir / Cross St: Mcrae St/Victoria Ave
  • Status: Active
  • Tax Year: 2025
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
01/08/2026 X12675854 $2,198,000 For Sale - -
03/18/2025 X12026559 $2,599,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Niagara Falls
  • $802,633 Average List Price
    based on 1 year
  • 224 New Listings
    based on 30 days
  • 67 Median Days on Market
    based on 1 year
  • List vs. Selling Price 232.97 % Up
  • Sold (12mo) 715
  • Rented (12mo) 347

  • 1 Month Change -24.6%
  • 3 Month Change -57.7%
  • 6 Month Change -63.5%
Walkscore
  • 88 Walk Score
    Very Walkable
  • 43 Transit Score
    Some Transit
  • 69 Bike Score
    Bikeable
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Outside/surface
  • Taxes: $18,800
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 08/01/2026 15:07:15
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