5470 + 5480 VICTORIA AVENUE, Niagara Falls (Clifton Hill)

5470 + 5480 VICTORIA AVENUE, Niagara Falls (Clifton Hill) — photo 2

5470 + 5480 VICTORIA AVENUE, Niagara Falls (Clifton Hill) — photo 3

5470 + 5480 VICTORIA AVENUE, Niagara Falls (Clifton Hill) — photo 4

5470 + 5480 VICTORIA AVENUE, Niagara Falls (Clifton Hill) — photo 5

5470 + 5480 VICTORIA AVENUE, Niagara Falls (Clifton Hill) — photo 6

5470 + 5480 VICTORIA AVENUE, Niagara Falls (Clifton Hill) — photo 7

5470 + 5480 VICTORIA AVENUE, Niagara Falls (Clifton Hill) — photo 8

5470 + 5480 VICTORIA AVENUE, Niagara Falls (Clifton Hill) — photo 9

5470 + 5480 VICTORIA AVENUE, Niagara Falls (Clifton Hill) — photo 10

5470 + 5480 VICTORIA AVENUE, Niagara Falls (Clifton Hill) — photo 11

5470 + 5480 VICTORIA AVENUE, Niagara Falls (Clifton Hill) — photo 12

5470 + 5480 VICTORIA AVENUE, Niagara Falls (Clifton Hill), Ontario

$2,888,000

MLS® X14137006

TWO PARCELS FOR THE PRICE OF ONE! Secure a prime strategic footprint in the second most visited city in the country. Zoned Tourist Commercial (TC), this coveted assembly sits in the heart of Niagara Falls high-traffic Clifton Hill entertainment subdistrict. Features 5470 Victoria Ave (luxury main-floor restaurant with recently updated 4-bed, 3-bath upper residential space) AND 5480 Victoria Ave (rare 17-car private lot ideal for an automated, zero-maintenance parking gate system). STUNNING SECURED CASH FLOW: Completely de-risked by a stellar lease agreement locking in aggressive contractual escalations: $12,000/m in 2028, $13,500/m in 2030, and $15,000/month in 2032. Collect premium, escalating hassle-free income , plan a future high-rise, or execute a retail boutique store. Located in close proximity to the highly anticipated 50-storey 'Music City' Hotel/Entertainment Hub and 4-level city parking structure. The zoning allows endless possibilities. The window to buy before this pocket explodes is closing fast. Book your private tour today! (id:56426)

Donna Park

Listed by ROYAL LEPAGE NRC REALTY

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population: 94,415
Median household income: $74,500
Median home value: $552,000
Owner-occupied: 70%
Homes for sale: 999
Median list price: $609,000

Source: Statistics Canada 2021, LiveBy

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We cover Orangeville, Mono, Caledon, Shelburne, the rest of Dufferin County and into Wellington County. Call us directly.

Residential Realtor

Karen McGuffin

(519) 216-1956

Or call Arden — (519) 806-0555

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