For sale 50$4,900,000
5306 Victoria Avenue
Cherrywood, Niagara Falls, Ontario L2E4E8
For sale· Added
About this property
Prime Niagara Falls Investment Opportunity! Exceptional location at 5306 Victoria Ave., within walking distance to the Falls, Clifton Hill, Casino Niagara and major tourist attractions. Excellent access to Highway 420 and the QEW.Property features 16 fully furnished and renovated hotel rooms, currently operating as short-term rentals. Approximately 6,000 sq. ft. of restaurant space with two kitchens; approximately half is currently leased, with the remaining space available for an owner-user or additional tenant.Also includes a 4-bedroom upper-level apartment and a 1-bedroom basement apartment, both tenant-occupied and with separate entrances. Ample on-site parking adds significant value in this high-demand tourist area.A versatile property offering multiple income streams and excellent potential for investors, hospitality operators and owner-users. Rare opportunity to own a substantial income-producing property in a premium Niagara Falls location.
Location
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Property details
Listing
- MLS® number
- X13837422
- Added
- Sep 28, 2026 ()
- Updated
- Sep 30, 2026 ()
- Info refreshed
Overview
- Property type
- Business
Inside
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Fireplace
- No
- Appliances
- Furniture
Land
- Lot size
- 134.27 x 122.35 ft
- Zoning
- GC
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Location
- Cross streets
- EXIT HWY 420 and Victoria
- Directions
- Victoria Ave and Eastwood Cres.
Running costs
- Annual property tax
- $13,844
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