For saleMLS® X12935086

5319 Victoria Avenue, Niagara Falls, ON L2E 4E6

211 - Cherrywood, Niagara Falls · Near Falls Ave. · View map

$699,000
0.22Sq ft
LandType
NoneParking
$6,355/yrTaxes
$699,000
FreeholdNo monthly condo fee
Lot 80 x 120 ftThe land comes with the home

About this home

When the Premier of Ontario announced last December the vision to transform Niagara Falls into a world-class tourism destination, did you see the opportunity for yourself?With billions of dollars in government investment driving local growth, now is the time to position yourself in tourism, hospitality, dining, and entertainment-or seize this moment to enter the commercial real estate market. This could be your next launching point to ride the wave of growth.5319 Victoria Ave, Niagara Falls is strategically located at the connection of the Rainbow Bridge and Highway 420, with millions of vehicles passing by annually-bringing unmatched exposure and a massive potential customer base. The property is just a 12-minute walk to Clifton Hill, the core commercial and entertainment district of the Falls.The property is zoned General Commercial, allowing for a wide range of uses, including but not limited to: bakery, bank, retail store, medical clinic, parking lot, restaurant, and boutique hotel.Lot size: 80 120 ftBuilding coverage: up to 66% of lot areaMaximum building height: 12 metres.In today's market environment, large-scale developments are becoming increasingly difficult.Projects that offer both stability and strong growth potential are typically:smaller in scale, faster to execute, and lower in risk.The true advantage is not how big you can build-but how efficiently you can enter a high-traffic commercial location at a lower cost.Compared to Clifton Hill core properties, 5319 Victoria Ave offers:Lower land costLess competitionMore accessible entry point-while still benefiting from the strong spillover traffic generated by Clifton Hill.For small-to-mid-sized investors and developers, this represents a rare and compelling opportunity not to be missed.

The home

Type
Land
Square footage
0.22 sq ft
Lot size
80 x 120 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Garage & parking

Total parking
None

Taxes & other

Property taxes
$6,355/yr
Tax year
2025
Occupancy
Vacant
Possession
Flexible
Cross street
Falls Ave.
Neighbourhood
211 - Cherrywood

More

MLS® number
X12935086

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Want to know something that isn’t listed?
Estimated monthly cost$3,349per 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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    5319 Victoria Avenue, Niagara Falls, ON L2E 4E6

    211 - Cherrywood, Niagara Falls · Near Falls Ave.

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    Sold history

    Listing history for 5319 Victoria 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 5319 Victoria Avenue

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

    How much is 5319 Victoria Avenue listed for, and what would it cost each month?

    5319 Victoria Avenue is listed for $699,000. With 20% down ($139,800), the mortgage payment would be roughly $2,820 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,349 a month, all in. That figure is an illustration, not a quote.

    Is 5319 Victoria Avenue freehold or a condo, and is there a monthly fee?

    5319 Victoria Avenue is a land in 211 - Cherrywood, 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 5319 Victoria 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 5319 Victoria Avenue?

    5319 Victoria Avenue is a land. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 5319 Victoria Avenue, and what is the lot size?

    The lot is listed as 80 x 120 ft.

    What are the property taxes for 5319 Victoria Avenue?

    Property taxes are $6,355 a year (2025), or about $530 a month.

    Where is 5319 Victoria Avenue?

    5319 Victoria Avenue is in the 211 - Cherrywood community of Niagara Falls. The nearest main intersection is Falls Ave.. The postal code is L2E 4E6.

    Is 5319 Victoria Avenue still for sale?

    Yes. It is an active listing (MLS® X12935086). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 5319 Victoria Avenue asking?

    Similar properties for sale nearby right now include 4872 Victoria Avenue at $699,000, 5002 Victoria Avenue at $649,000 and 5020 Bridge Street at $750,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 5319 Victoria 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 5319 Victoria 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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