4625 Cataract Avenue Niagara Falls (Downtown), Ontario L2E 3M3
$6,999,000
Development happening all around this property! A golden opportunity. Proposed 20 storey building going up across the street! This incredible property has been used for several movies and TV show filming locations, providing excellent income to the owner! Additionally, its prime QUEEN ST location offers unparalleled visibility and the 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. WATCH THE PROPERTY VIDEO to see everything this incredible offering has to offer! (id:41589)
Property Details
| MLS® Number | X12446945 |
| Property Type | Retail |
| Community Name | 210 - Downtown |
| Farm Type | Other |
Building
| Heating Type | Radiant Heat |
| Size Exterior | 10000 Sqft |
| Size Interior | 10,000 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 281 Ft ,10 In |
| Size Frontage | 127 Ft ,10 In |
| Size Irregular | Bldg=127.87 X 281.9 Ft |
| Size Total Text | Bldg=127.87 X 281.9 Ft |
| Zoning Description | Cb |
https://www.realtor.ca/real-estate/28955625/4625-cataract-avenue-niagara-falls-downtown-210-downtown
Greg Sykes
Salesperson
261 Martindale Road Unit 12a
St. Catharines, Ontario L2W 1A2
(905) 687-9600
(905) 687-9494
www.remaxniagara.ca/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 06 2025 04:28:44
Niagara Association of REALTORS®
RE/MAX Niagara Realty Ltd, Brokerage