$4,500,000
( $450.00Per Sq Foot )
 $24,157 est/mo Sourced by Back At You

4625 Cataract Avenue,Niagara Falls (Downtown), ON L2E3M3

Niagara Falls (Downtown), ON L2E3M3

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Description

SELLER FINANCING AVAILABLE. ($3M DOWN & OWNER WILL FINANCE $3M OVER TWO YEARS) - CITY GRANTS AVAILABLE! Development happening all around this property! CLICK MORE PHOTOS & BROCHURE below to view the INTEREST FREE CITY LOAN INCENTIVES INFO. Proposed 20 storey building across the street! This property has been used for movies/TV show filming locations, providing income to the owner! Additionally, its prime QUEEN ST location offers unparalleled visibility and potential for a 30+storey building. This exceptional offering includes not just the hotel but also a separate 5 bed, 4 bath home on the same lot, perfect for an owners residence, a property manager, or added value as an Airbnb. It also has the potential to be subdivided. This is a rare opportunity to develop a versatile property in one of the most renowned destinations, just steps from Niagara Falls. Situated on 0.93acres of prime land (40,762 sqft),this property boasts stunning river views and proximity to key regional landmarks, making it an ideal location for commercial ventures.The existing infrastructure includes 33 operational hotel rooms and an attached 5-bedroom, 4-bathroom house, with functional systems. The property also features an inground pool and full laundry facility. With potential for expansion, there is an opportunity to construct a hotel with 33-37 FLOORS in this high-traffic tourist area. Located just a 30-second walk to the GO station and Whirlpool Bridge, the property ensures prime access for tourists and visitors. Additionally, it is zoned for a wide variety of uses, including art galleries, assembly halls, restaurants, retail stores, hotels, motels, parking lots, recreational uses, and much more, making it a prime candidate for development. With its flexible zoning and prime location, attracting millions of visitors each year, this property presents an unparalleled opportunity to capitalize on Niagara Falls thriving tourism industry. More info in Supplements (70655495) (id:13843)

Details

MLS #X13210814
Listing TypeFor Sale
StatusActive
Days On Site146
Listing Provided ByRE/MAX NIAGARA REALTY LTD, BROKERAGE | Greg Sykes

Features

SQ Feet10,000
ZoningCB

Interior

CoolingNone
HeatingRadiant heat
Fireplace Yes / NoNo

Utilities

Water SourceMunicipal water

Taxes

Tax Annual Amount44180

Area Information

ProvinceON
CityNiagara Falls (Downtown)
Postal CodeL2E3M3
Listing VS Median (in L2E3M3)
Price:
$4,500,000
low | high
Med:
$4,500,000
50% of Average
sqft:
10,000
low | high
Med:
10,000
50% of Average
$ / sqft:
$450
low | high
Med:
$450
50% of Average
On site:
146
low | high
Med:
145.5
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityNiagara Falls (Downtown)
Postal CodeL2E3M3
Listing VS Median (in L2E3M3)
Price:
$4,500,000
low | high
Med:
$4,500,000
50% of Average
sqft:
10,000
low | high
Med:
10,000
50% of Average
$ / sqft:
$450
low | high
Med:
$450
50% of Average
On site:
146
low | high
Med:
145.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $3.375M - $5.625M
sqft: 7,500 - 12,500
Nearby Listings Property ImageNearby Listings Details
4625 CATARACT Avenue Property Photo 1
$4,500,000
4625 Cataract Avenue
Niagara Falls, ON L2E3M3
Listing Updated: October 19, 2026 at 9:58:58 AM PDT