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For sale · MLS® X13709584

5043 Centre Street, Niagara Falls, ON L2G 3N8

Niagara Falls, ON L2G 3N8

$399,000
Current days on market: 78Sale Of Business50.59 ft × 128 ft Lot dimensions
Quick cost estimateKnown monthly subtotal$1,856.48 / monthLand transfer tax $4,460One-time estimate
PLANNING ESTIMATE

Quick cost estimate

$1,856.48 / month

Known monthly subtotal

Mortgage principal & interest
$1,856.48
Property tax / month
$0
Maintenance / month
Period / amount not reported

Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.

Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.

Land transfer tax · one time

Transfer tax total
$4,460

Before rebates, surcharges and fees. Not part of the monthly subtotal.

Tax assumptions & breakdown

Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.

Ontario tax
$4,460
Toronto municipal tax
$0

Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.

Ontario rates · Toronto rates (April 2026)

Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.

Adjust cost assumptions ↓ · Closing-cost tools

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About this home

An extraordinary opportunity to establish a flagship restaurant, entertainment venue, or hospitality concept in the heart of Niagara Falls. 5043 Centre Street is a rare freestanding, purpose-built hospitality property ideally positioned at Centre Street and Victoria Avenue, just steps from Clifton Hill and within walking distance of Niagara Falls. Spanning 10,000+ sq. ft. across three levels with an impressive licensed capacity of 616, this fully equipped facility is built for high-volume food, beverage and entertainment operations. The property features two large commercial exhaust hoods, full-service kitchens, walk-in fridge and freezer, extensive prep areas, multiple bars, roll-up garage doors and significant back-of-house infrastructure. The true showstopper is the rooftop patio with direct views of Niagara Falls - an incredibly rare and compelling feature that creates the opportunity for a truly iconic destination concept. On-site parking is included, with a 24-hour public parking lot immediately adjacent to the property, providing exceptional convenience for guests. With its scale, infrastructure, location and unparalleled rooftop setting, this is an opportunity for an ambitious operator or established brand to secure a signature flagship location in one of Canada's busiest year-round tourism destinations. Gross Rent: $30,000/month inclusive of TMI + HST. 5-year term + 5-year renewal option. Please do not go direct.

Home details

Days on market
78
Property type
Sale Of Business
MLS® number
X13709584
Source status
New
Postal code
L2G 3N8
Building area (total)
10,000 sq ft
Lot depth
128 ft
Garage parking spaces
Not reported
Total parking spaces
Not reported
Occupancy
Tenant
Possession type
Immediate
Garage
None
Annual property tax
0
Heating system
Gas Forced Air Open
Cooling
Yes
Utility services
Yes

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

Utilities and services

Reported utility services
Yes
Heating system
Gas Forced Air Open
Cooling
Yes

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

Rooms & virtual tours

Room measurements

Room measurement units

Loading source-reported room dimensions…

Converted measurements are approximate. Levels and dimensions are shown only when supplied.

Total rooms (source)
0

Reported counts are shown independently. Room dimensions have not been inferred from these counts.

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

PARTIAL SOURCE RECORD

Listing dates & price record

Asking amount
$399,000
  1. Original MLS entry

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

Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.

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Estimate monthly costs

Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.

Enter assumptions

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

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Map and neighbourhood

Region / county
NIAGARA
Municipality
NIAGARA FALLS
MLS® community
214 - Clifton Hill
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PLAN YOUR ROUTE

Plan a trip from this home

Check a route from this property to work, school or another destination. Google Maps provides the current estimate when opened; traffic and departure time affect results.

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Around this property

Schools, transit & everyday places

Published local sources. Distances are approximate straight-line distances, not walking routes.

Nearby publicly funded schools

Within 5 km · approximate straight-line distances, not walking routes or attendance eligibility.

School year 2024-2025 · Preliminary · publisher extract 2026-09-14.

1.1 km

Valley Way Public School ↗

Elementary · JK-8 · English · Public

School board: DSB Niagara ↗

5315 Valley Way, Niagara Falls

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
79%
Grade 3 Writing (at provincial standard)
48%
Grade 3 Mathematics (at provincial standard)
72%
Grade 6 Reading (at provincial standard)
80%
Grade 6 Writing (at provincial standard)
70%
Grade 6 Mathematics (at provincial standard)
40%
1.1 km

Simcoe Street Public School ↗

Elementary · JK-8 · English · Public

School board: DSB Niagara ↗

4760 Simcoe St, Niagara Falls

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
83%
Grade 3 Writing (at provincial standard)
69%
Grade 3 Mathematics (at provincial standard)
72%
Grade 6 Reading (at provincial standard)
92%
Grade 6 Writing (at provincial standard)
92%
Grade 6 Mathematics (at provincial standard)
56%
1.6 km

St Patrick Catholic Elementary School ↗

Elementary · JK-8 · English · Catholic

School board: Niagara CDSB ↗

4653 Victoria Ave, Niagara Falls

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
100%
Grade 3 Writing (at provincial standard)
90%
Grade 3 Mathematics (at provincial standard)
100%
1.7 km

St Mary Catholic Elementary School ↗

Elementary · JK-8 · English · Catholic

School board: Niagara CDSB ↗

5719 Morrison St, Niagara Falls

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
89%
Grade 3 Writing (at provincial standard)
100%
Grade 3 Mathematics (at provincial standard)
89%
Grade 6 Reading (at provincial standard)
100%
Grade 6 Writing (at provincial standard)
100%
Grade 6 Mathematics (at provincial standard)
100%
1.7 km

Stamford Collegiate ↗

Secondary · 9-12 · English · Public

School board: DSB Niagara ↗

5775 Drummond Rd, Niagara Falls

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 9 Mathematics (at provincial standard)
62%
Grade 10 OSSLT (first-attempt pass)
80%
2.1 km

ÉÉC Saint-Antoine ↗

Elementary · JK-8 · French · Catholic

School board: CS catholique MonAvenir ↗

4572 Portage chemin, Niagara Falls

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

No published percentages for these measures in this source record.

2.3 km

École élémentaire LaMarsh ↗

Elementary · JK-8 · French · Public

School board: CS Viamonde ↗

4571 Drummond Rd, Niagara Falls

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

No published percentages for these measures in this source record.

2.4 km

Father Hennepin Catholic Elementary School ↗

Elementary · JK-8 · English · Catholic

School board: Niagara CDSB ↗

6032 Churchill St, Niagara Falls

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
100%
Grade 3 Writing (at provincial standard)
92%
Grade 3 Mathematics (at provincial standard)
92%
Grade 6 Reading (at provincial standard)
96%
Grade 6 Writing (at provincial standard)
100%
Grade 6 Mathematics (at provincial standard)
73%

Confirm programs and attendance with the school board. Private schools and verified catchment boundaries are not included. Contains information licensed under the Open Government Licence – Ontario. Ministry source.

NEARBY CONNECTIONS

Transit near this property

Published transit locations. Distances are straight-line estimates, not walking routes or travel times.

Rail & subway · within 5 km

  • Niagara Falls GOGO Transit · Train
    2.1 km

Bus & streetcar · within 2 km

  • Stanley Ave. @ Hwy. 420 Park & RideGO Transit · Bus
    789 m
  • Stanley Ave. @ Hwy. 420 Park & RideGO Transit · Bus
    812 m
Sources & service information

These are locations in published feeds, not live arrivals or confirmation of service at this moment. Station platforms are grouped only by the source parent-station relationship. Check the agency for schedules, disruptions, access and entrances. Coverage: TTC, GO Transit and UP Express only; other agencies are not yet connected.

Nearby shops & amenities

No nearby places were returned by the current OpenStreetMap snapshot. Coverage is regional and may be incomplete; verify business details before visiting.

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Similar homes for sale in 214 - Clifton Hill, Niagara Falls, Niagara, Ontario

Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.

For sale$399,0005553 Ferry StreetSale Of Business— bd · — ba · Lot 0 ft × 0 ft

Property questions

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Are the measurements and features independently verified?

Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.

What do nearby school, transit and shop results mean?

They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.

Can I see sold prices for nearby properties?

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How should I use the monthly cost estimate?

It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.

Home and neighbourhood overview

5043 Centre Street, Niagara Falls, ON L2G 3N8, Niagara Falls is listed for sale as a Sale Of Business. Asking price: $399,000. Occupancy is reported as Tenant. MLS® X13709584.

The Ministry’s school dataset lists Valley Way Public School approximately 1.1 km from the property’s mapped location. The published GO Transit feed includes Niagara Falls GO, approximately 2.1 km away.

Local context

The Ministry’s school dataset lists Valley Way Public School approximately 1.1 km from the property’s mapped location.

The published GO Transit feed includes Niagara Falls GO, approximately 2.1 km away.

Sources & distance notes

Distances are approximate straight-line estimates to mapped points or area centres. School proximity does not establish attendance eligibility. Published transit locations do not confirm service at this moment.

Explore the area: Niagara · Niagara Falls.

This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.

Listing brokerage: ROYAL LEPAGE REAL ESTATE SERVICES LTD.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13709584. Information deemed reliable but not guaranteed.

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Property at 5043 Centre Street, Niagara Falls, ON L2G 3N8