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$5,000,000
Ontario,Niagara Falls (Downtown)
For Sale Active
4625 CATARACT AVENUE, Niagara Falls (Downtown), Ontario L2E3M3
  • 10,000 Sqft
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Basic Details
Description

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 0.93 acres 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 plumbing, electrical, and baseboard heating 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. Community Improvement Plan and City Incentives/Interest-Free Loan Information in Supplements (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X13210814
  • Price: $5,000,000
  • Square Footage: 10,000 Sqft
  • Status: Active
  • Office Name: RE/MAX NIAGARA REALTY LTD, BROKERAGE
  • Property Sub Type: Retail
  • Office Key: 283840
Features & Appliances
Features
  • Heating System: Radiant heat
  • Cooling System: None
Address Map
  • Location: CA, Ontario, Niagara Falls (Downtown), L2E3M3
  • Street: Cataract
  • Street Number: 4625
  • Street Suffix: Avenue
  • Longitude: W80° 56' 19.5''
  • Latitude: N43° 6' 25.7''
Additional Information
  • Water Source:
  • Lot Size Dimensions: Bldg=127.87 x 281.9 FT
Financial
  • Tax Annual Amount: 44180
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Listing updated: 2026-07-23 03:24:38
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Listing Information
  • List Agent Key: 1738832
  • List Office Key: 283840
  • Modification Timestamp: 2026-06-26T21:35:02Z
  • Originating System Name: Niagara Association of REALTORS®
  • Status Change Timestamp: 2026-06-26T21:27:47Z
Powered by REALTOR.ca
Listing updated: 2026-07-23 03:24:39
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