4625 Cataract Avenue, Niagara Falls, ON L2E 3M3

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)

Home details

Days on market

168

Property type

Commercial Retail

MLS® number

X13210814

Source status

Price Change

Postal code

L2E 3M3

Building area (total)

10,000 sq ft

Lot depth

281.90 ft

Garage parking spaces

Not reported

Total parking spaces

Not reported

Occupancy

Owner+Tenant

Possession type

Flexible

Garage

None

Annual property tax

44180

Heating system

Radiant

Cooling

No

Utility services

Available

These details come from the listing source. Please confirm measurements and fees before making a decision.

Utilities and services

Reported utility services

Available

Heating system

Radiant

Cooling

No

A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.

Rooms & virtual tours

Room-count details have not been supplied for this listing.

Ask the listing brokerage for floor plans and measured room layouts.

Listing history

Asking amount

$4,500,000

1. May 28, 2026

   Original MLS entry

   Entry into the source MLS system; distinct from days on market.

The timeline uses changes observed by EnterHome and dates reported by the source. Earlier changes may be unavailable if they were not captured.

Estimate monthly costs

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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

Map and neighbourhood

Region / county

NIAGARA

Municipality

NIAGARA FALLS

MLS® community

210 - Downtown