For saleMLS® X13210814

4625 Cataract Avenue, Niagara Falls, ON L2E 3M3

210 - Downtown, Niagara Falls · Near QUEEN ST - RIVER RD - PARK - CATARACT · View map

$4,500,000
10000Sq ft
Commercial retailType
NoneParking
$44,180/yrTaxes
$4,500,000
FreeholdNo monthly condo fee
Lot 127.9 x 281.9 ftThe land comes with the home

About this home

SELLER FINANCING AVAILABLE. ($3M DOWN & OWNER WILL FINANCE $3M OVER TWO YEARS) - CITY GRANTS AVAILABLE! Development happening all around this property! CLICK MORE PHOTOS & BROCHURE below to view the INTEREST FREE CITY LOAN INCENTIVES INFO. Proposed 20 storey building across the street! This property has been used for movies/TV show filming locations, providing income to the owner! Additionally, its prime QUEEN ST location offers unparalleled visibility and potential for a 30+storey building. This exceptional offering includes not just the hotel but also a separate 5 bed, 4 bath home on the same lot, perfect for an owners residence, a property manager, or added value as an Airbnb. It also has the potential to be subdivided. This is a rare opportunity to develop a versatile property in one of the most renowned destinations, just steps from Niagara Falls. Situated on 0.93acres of prime land (40,762 sqft),this property boasts stunning river views and proximity to key regional landmarks, making it an ideal location for commercial ventures.The existing infrastructure includes 33 operational hotel rooms and an attached 5-bedroom, 4-bathroom house, with functional systems. The property also features an inground pool and full laundry facility. With potential for expansion, there is an opportunity to construct a hotel with 33-37 FLOORS in this high-traffic tourist area. Located just a 30-second walk to the GO station and Whirlpool Bridge, the property ensures prime access for tourists and visitors. Additionally, it is zoned for a wide variety of uses, including art galleries, assembly halls, restaurants, retail stores, hotels, motels, parking lots, recreational uses, and much more, making it a prime candidate for development. With its flexible zoning and prime location, attracting millions of visitors each year, this property presents an unparalleled opportunity to capitalize on Niagara Falls thriving tourism industry. More info in Supplements (70655495)

The home

Type
Commercial retail
Square footage
10000 sq ft
Lot size
127.9 x 281.9 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Radiant

Garage & parking

Total parking
None

Taxes & other

Property taxes
$44,180/yr
Tax year
2025
Occupancy
Owner+Tenant
Possession
FLEX
Cross street
QUEEN ST - RIVER RD - PARK - CATARACT
Neighbourhood
210 - Downtown

More

MLS® number
X13210814

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$21,833per month, all in
  • Mortgage
  • Property tax

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    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    4625 Cataract Avenue, Niagara Falls, ON L2E 3M3

    210 - Downtown, Niagara Falls · Near QUEEN ST - RIVER RD - PARK - CATARACT

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    Sold history

    Listing history for 4625 Cataract Avenue

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 4625 Cataract Avenue

    Answers come straight from this home’s MLS® listing.

    How much is 4625 Cataract Avenue listed for, and what would it cost each month?

    4625 Cataract Avenue is listed for $4,500,000. With 20% down ($900,000), the mortgage payment would be roughly $18,152 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $21,833 a month, all in. That figure is an illustration, not a quote.

    Is 4625 Cataract Avenue freehold or a condo, and is there a monthly fee?

    4625 Cataract Avenue is a commercial retail in 210 - Downtown, Niagara Falls. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 4625 Cataract Avenue have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 4625 Cataract Avenue?

    4625 Cataract Avenue is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 4625 Cataract Avenue, and what is the lot size?

    The lot is listed as 127.9 x 281.9 ft.

    How is 4625 Cataract Avenue heated and cooled?

    Heating is radiant. The listing does not show air conditioning.

    What are the property taxes for 4625 Cataract Avenue?

    Property taxes are $44,180 a year (2025), or about $3,682 a month.

    Where is 4625 Cataract Avenue?

    4625 Cataract Avenue is in the 210 - Downtown community of Niagara Falls. The nearest main intersection is QUEEN ST - RIVER RD - PARK - CATARACT. The postal code is L2E 3M3.

    Is 4625 Cataract Avenue still for sale?

    Yes. It is an active listing (MLS® X13210814). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 4625 Cataract Avenue asking?

    Similar properties for sale nearby right now include 4190 Bridge Street at $4,999,999, 4425 FIRST Avenue N at $3,800,000 and 5207 Kalar Road at $4,290,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 4625 Cataract Avenue sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 4625 Cataract Avenue?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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