5544 Mcleod Road, Niagara Falls, ON L2G 2E3
Niagara Falls, ON L2G 2E3
Quick cost estimateKnown monthly subtotal$30,539.69 / monthLand transfer tax $116,375One-time estimate
Quick cost estimate
$30,539.69 / monthKnown monthly subtotal
- Mortgage principal & interest
- $27,893.78
- Property tax / month
- $2,645.92
- 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
- $116,375
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
- $116,375
- 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
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.
Home details
- Days on market
- 0
- Property type
- Investment
- MLS® number
- X14173612
- Source status
- New
- Postal code
- L2G 2E3
- Building area (total)
- 1.52 acres
- Lot depth
- 212.84 ft
- Garage parking spaces
- Not reported
- Total parking spaces
- Not reported
- Occupancy
- Vacant
- Possession type
- Flexible
- Garage
- Outside/Surface
- Annual property tax
- 31751
- Heating system
- None
- 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
- None
- 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
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Listing history
- Asking amount
- $5,995,000
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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
- 220 - Oldfield
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Around this property
Schools, transit & everyday places
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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 220 - Oldfield, 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
5544 Mcleod Road, Niagara Falls, ON L2G 2E3, Niagara Falls is listed for sale as a Investment. Asking price: $5,995,000. Occupancy is reported as Vacant. MLS® X14173612.
Local context
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: HIGH POINT REALTY LIMITED. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X14173612. Information deemed reliable but not guaranteed.