Welcome to this remarkable commercial retail located in the coveted neighborhood of 210 - Downtown. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,500,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
MUST SELL- RETIRING - Any reasonable offer will be reviewed. Exceptional opportunity to acquire a landmark restaurant business and commercial property located in the heart of downtown Niagara Falls. Successfully operating for over 40 years, this well-established destination restaurant is recognized by locals and tourists alike for its long-standing reputation and loyal customer base. The offering includes the business, real estate, and all equipment, fixtures, furniture, and chattels required for a seamless transition. The property features approximately 7,400 sq. ft. above grade plus a full basement. The main floor restaurant offers two separate entrances, providing the flexibility to operate as two independent restaurant concepts with different cuisines or dining experiences. The second floor features a fully operational and licensed banquet facility complete with washrooms and support areas, creating additional revenue potential for private events, functions, and group dining, Ideally positioned on a high-traffic corridor near major tourist attractions, hotels, casinos, and entertainment destinations, the property benefits from exceptional year-round exposure. Ample private parking is available at both the side and rear of the building - a rare and valuable feature in the downtown core. Excellent opportunity for owner-operators, restaurateurs, or hospitality investors seeking an established operation with strong upside potential in one of Canada's premier tourism markets.
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Major Highway, Public Transit
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 4880 Victoria Avenue, Niagara Falls, ON L2E 4C5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Niagara Falls.
About Purchasing a Home in Niagara Falls, ON
For a property listed at $1,500,000 in Niagara Falls, the legal minimum down payment is $300,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $26,475 for this transaction. As this listing is in Niagara Falls (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $26,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.