5043 Centre Street, Niagara Falls, ON

$595,000
MLS#:X12734154
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable sale of business located in the coveted neighborhood of 214 - Clifton Hill. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $595,000 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.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 50.59 x 128 ft lot size
  • equipped with yes central cooling and highly efficient gas forced air open heating

Description

Flagship Hospitality Property in the Heart of Niagara Falls 5043 Centre Street. A rare chance to own a premier freestanding business in the core of Niagara Falls entertainment and tourism district. Strategically located at Centre Street and Victoria Avenue steps to Clifton Hill and within walking distance to the Falls this purpose-built, fully equipped facility offers over 10,000 square feet across three levels, with a licensed capacity of 616. Designed for high-volume food and beverage service, the restaurant includes two large commercial exhaust hoods, a walk-in fridge and freezer, extensive prep areas, multiple bars, roll up garage doors, and full-service kitchens.The crown jewel is the rooftop patio, offering direct views of Niagara Falls - a truly one-of-a-kind setting for any concept. Parking is included, and the building sits adjacent to a 24-hour public parking lot, ensuring convenience and accessibility for guests. This is an unparalleled opportunity for an ambitious operator and brand to establish a flagship presence in one of Canadas busiest year-round destinations. Please Do Not Go Direct.

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date1/27/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeSale Of Business
Lot Size50.59 × 128 Feet
CountyNiagara
Annual Tax$8,300
Legal DescriptionPt Lt 92 Pl 291; Pt Lt 131 Pl 1002

Parking & Garage

Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Open
CoolingYes

Features

Property Features

Interior Features

Security Features

Yes

Community Features

Public Transit

Location

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5043 Centre Street, Niagara Falls, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 5043 Centre Street, Niagara Falls, ON L2G 3N8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Niagara Falls.

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Interest Rate5.25%
Down Payment$34,500 (5.8%)
* Minimum Canadian down payment required for this price is $34,500.
Amortization Period25 Years
Estimated Monthly Payment$3,340Based on a loan of $560,500 over 25 years.
Purchase Price$595,000
Loan Amount$560,500
Provincial Land Transfer Tax:$8,375
Total Estimated Closing Taxes:$8,375

About Purchasing a Home in Niagara Falls, ON

For a property listed at $595,000 in Niagara Falls, the legal minimum down payment is $34,500 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 $8,375 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 $8,375.

Nearby Listings

Distance:

No current listings found in Niagara Falls.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Niagara Falls.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$806,150

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Princess Margaret
Public6624 Culp Street, Niagara Falls, Ontario, L2G 2C4
8.5
Our Lady of Mount Carmel
Public6525 Carlton Avenue, Niagara Falls, Ontario, L2G 5K4
6.3
Greendale
Public5504 Montrose Road, Niagara Falls, Ontario, L2H 1K7
7.9
LaMarsh
Public4571 Drummond Road, Niagara Falls, Ontario, L2E 6C8
5.3
Cherrywood Acres
Public4635 Pettit Avenue, Niagara Falls, Ontario, L2E 6L4
6.8

Secondary Schools

Stamford
Public5775 Drummond Road, Niagara Falls, Ontario, L2G 4L2
5.3
Westlane
Public5960 Pitton Road, Niagara Falls, Ontario, L2H 1T5
6.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.