5319 Victoria Avenue, Niagara Falls, ON L2E 4E6
Niagara Falls, ON L2E 4E6
Quick cost estimateKnown monthly subtotal$3,781.92 / monthLand transfer tax $10,455One-time estimate
Quick cost estimate
$3,781.92 / monthKnown monthly subtotal
- Mortgage principal & interest
- $3,252.34
- Property tax / month
- $529.58
- 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
- $10,455
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
- $10,455
- 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.
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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.
Home details
- Days on market
- 226
- Property type
- Land
- MLS® number
- X12935086
- Source status
- Price Change
- Postal code
- L2E 4E6
- Building area (total)
- 0.22 acres
- Lot depth
- 120 ft
- Garage parking spaces
- Not reported
- Total parking spaces
- Not reported
- Occupancy
- Vacant
- Possession type
- Flexible
- Annual property tax
- 6355
- Utility services
- Yes
- Sewer
- None
These details come from the listing source. Please confirm measurements and fees before making a decision.
Utilities and services
- Reported utility services
- Yes
- Sewer
- None
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Rooms & virtual tours
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Listing dates & price record
- Asking amount
- $699,000
Original MLS entry
Entry into the source MLS system; distinct from days on market.
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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.
Explore affordability & closing-cost tools →Map and neighbourhood
- Region / county
- NIAGARA
- Municipality
- NIAGARA FALLS
- MLS® community
- 211 - Cherrywood
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Around this property
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Nearby schools
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Transit near this property
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Nearby shops & amenities
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Similar homes for sale in 211 - Cherrywood, 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.
Property questions
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Home and neighbourhood overview
5319 Victoria Avenue, Niagara Falls, ON L2E 4E6, Niagara Falls is listed for sale as a Land. Asking price: $699,000. Occupancy is reported as Vacant. MLS® X12935086.
Local context
Explore the area: Niagara Falls · 211 - Cherrywood.
This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.
Listing brokerage: RE/MAX NIAGARA REALTY LTD, BROKERAGE. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X12935086. Information deemed reliable but not guaranteed.