For Sale

5689 MAIN Street, Niagara Falls, Ontario L2G 5Z3

$0

5689 MAIN Street, Niagara Falls, Ontario L2G 5Z3 is For Sale and has a listing price of 1,268,800. The property is located in the Niagara Falls . It's been on the website for 181 Days.

  • MLS ID: X12096970
  • Office Name RE/MAX DYNAMICS REALTY
Property Description

Fantastic Investment Opportunity in Prime Niagara Falls Tourist District!Rare offering of a fully leased, income-generating mixed-use property just minutes from the world-famous Falls, Casino, and vibrant tourist core. This well-maintained building features a 2,000 sq ft fully equipped Chinese restaurant with a long-term tenant paying $4,300/month + HST, and a beautifully updated residential unit upstairs leased for $2,000/month. The upper unit includes 2 bedrooms, 1 bath, a kitchen, and a loft area, ideal for long-term tenants or conversion to Airbnb for increased cash flow. Significant updates include electrical, plumbing, roof (2019), HVAC, A/C, and water heater (2021).Whether you’re looking to collect solid rental income today or develop in the future, this high-traffic, high-visibility location near the heart of Niagara Falls tourism is a rare gem.

Property Details
  • MLS ID: X12096970
  • Price: $1,268,800
  • Lot Depth: 198.49
  • Transaction Types: For Sale
  • Ref ID: X12096970
  • Year Built: N/A
  • Dir / Cross St: MAIN STREET BETWEEN NORTH STREET & SUMMER STREET
  • Status: Active
  • Tax Year: 2025
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
08/11/2025 X12337494 $129,900 For Sale - -
04/22/2025 X12096970 $1,268,800 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Niagara Falls
  • $812,214 Average List Price
    based on 1 year
  • 397 New Listings
    based on 30 days
  • 73 Median Days on Market
    based on 1 year
  • List vs. Selling Price 223.87 % Up
  • Sold (12mo) 801
  • Rented (12mo) 383

  • 1 Month Change +21.4%
  • 3 Month Change -15.9%
  • 6 Month Change +22.7%
Walkscore
  • 85 Walk Score
    Very Walkable
  • 48 Transit Score
    Some Transit
  • 50 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    78.45%
  • Commercial
    6.44%
  • Condo
    14.77%
  • Land for Sale
    0.33%
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Y
  • Parking Spaces: 12
  • Kitchen Y
  • Taxes: $12,102
  • Last Status New
  • Original Price: $1,268,800
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: flexible
  • Listing Entry Date: 22/04/2025 19:56:53
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