5544 Mcleod Road, Niagara Falls, ON L2G 2E3
220 - Oldfield, Niagara Falls · Near Stanley & McLeod · View map
About this home
POWER OF SALE! In the heart of Niagara Falls vibrant tourist district. This high profile 1.52 acre corner site offers exceptional redevelopment potential in one of Canada's most visited destinations. Zoned Tourist Commercial, the property permits a wide range of uses including hotel, residential, mixed use, retail and tourism related development. Improved with a vacant non operating two storey motel containing 23 guest rooms plus a three bedroom manager's residence in need of rejuvenation, presenting either a restoration and expansion opportunity or a complete redevelopment play. Premier of Ontario and the City of Niagara Falls have a long term vision for intensification in the Tourist Core. The property offers the potential to pursue a hotel, mid rise or high rise rezoning for greater density and height, subject to municipal approvals. Strategically located at the busy gateway intersection of Stanley Avenue and McLeod Road, between Marineland and the established hotel and entertainment core, the site benefits from outstanding exposure and accessibility. It is minutes to Fallsview Casino, Horseshoe Falls, Clifton Hill, major attractions, the QEW highway, GO Transit and the U.S. border via the Rainbow Bridge. This is a rare chance to secure a significant redevelopment site in a tightly held tourist market with strong fundamentals, offered under Power of Sale! Property being sold by the mortgagee in "as-is, where-is" condition.
The home
- Type
- Investment
- Square footage
- 1.52 sq ft
- Lot size
- 324 x 212.8 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Garage & parking
- Garage
- Outside/Surface
- Total parking
- None
Taxes & other
- Property taxes
- $31,751/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- Flexible
- Cross street
- Stanley & McLeod
- Neighbourhood
- 220 - Oldfield
More
- MLS® number
- X14119592
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
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.
5544 Mcleod Road, Niagara Falls, ON L2G 2E3
220 - Oldfield, Niagara Falls · Near Stanley & McLeod
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Listing history for 5544 Mcleod Road
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 5544 Mcleod Road
Answers come straight from this home’s MLS® listing.
How much is 5544 Mcleod Road listed for, and what would it cost each month?
5544 Mcleod Road is listed for $4,900,000. With 20% down ($980,000), the mortgage payment would be roughly $19,765 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $22,411 a month, all in. That figure is an illustration, not a quote.
Is 5544 Mcleod Road freehold or a condo, and is there a monthly fee?
5544 Mcleod Road is a investment in 220 - Oldfield, 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 5544 Mcleod Road have a garage and parking?
Yes. The listing shows the garage as outside/surface. The listing does not include a parking space.
What style of home is 5544 Mcleod Road?
5544 Mcleod Road is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 5544 Mcleod Road, and what is the lot size?
The lot is listed as 324 x 212.8 ft.
What are the property taxes for 5544 Mcleod Road?
Property taxes are $31,751 a year (2025), or about $2,646 a month.
Where is 5544 Mcleod Road?
5544 Mcleod Road is in the 220 - Oldfield community of Niagara Falls. The nearest main intersection is Stanley & McLeod. The postal code is L2G 2E3.
Is 5544 Mcleod Road still for sale?
Yes. It is an active listing (MLS® X14119592). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 5544 Mcleod Road asking?
Similar properties for sale nearby right now include 4190 Bridge Street at $4,999,999, 4625 Cataract Avenue at $4,500,000 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 5544 Mcleod Road 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 5544 Mcleod Road?
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.
Similar properties nearby
More properties for sale near 220 - Oldfield, picked by style, size and price.
Commercial retail$4,999,9994190 Bridge Street, Niagara Falls210 - DowntownCourtesy of: RARE REAL ESTATEView home →
Commercial retail$4,500,0004625 Cataract Avenue, Niagara Falls210 - DowntownCourtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGEView home →
Sale of business$4,290,0005207 Kalar Road, Niagara Falls209 - BeaverdamsCourtesy of: RE/MAX REALTY SPECIALISTS INC.View home →Courtesy of: HIGH POINT REALTY LIMITED
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.