Salehian.com 647-325-5000

4497 Queen Street

210 - Downtown, Niagara Falls, L2E 2L4

$1,098,000

Reduced $101,000 from $1,199,000

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Listed 88 days ago · MLS® X13602596

About this home

Exceptional mixed-use investment opportunity in the heart of Downtown Niagara Falls. Fully renovated two-storey building offering approximately 6,800 sq. ft., including 4,400 sq. ft. of commercial space and 2,400 sq. ft. of residential space, plus a full basement. The main floor features AAA commercial tenants with long-term leases, providing stable income. The second floor offers three fully renovated and furnished apartments (2 one-bedroom and 1 two-bedroom),ideal for Airbnb or long-term rentals. Prime location just steps from Niagara University, City Hall, the train station, restaurants, and major tourist attractions, with excellent pedestrian traffic. Zoned CB (Central Business), offering outstanding investment and redevelopment potential. New appraisal available. Priced below appraised value with a strong cap rate.

Details

Type
Commercial Retail
Lot
39.3 × 150 ft
Garage
None
Property tax
$11,665 (2025)
Neighbourhood
210 - Downtown
Municipality
Niagara Falls

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes
Water and sewer
Sanitary
Utilities
Available

Building and exterior

Building area
6,800 Square Feet

More

Possession
TBA
Cross street
Queen St/Victoria Ave

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 2 grocery stores, 10 cafés and restaurants, 3 parks, 1 pharmacy. Nearest grocery: Bombay Store (850 m). Nearest park: Rosberg Family Park (350 m).

Schools nearby

Elementary

  • St. Patrick Catholic Elementary School Catholic
    EQAO: Gr 3 reading 100%, math 100%    8 min walk
  • Simcoe Street Public School
    EQAO: Gr 6 reading 92%, math 56%    10 min walk
  • Valley Way Public School
    EQAO: Gr 6 reading 80%, math 40%    1.3 km
  • St. Mary Catholic Elementary School Catholic
    EQAO: Gr 6 reading 100%, math 100%    1.8 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L2E

Owners / renters
61% / 39%
Median household income
$60,800
Average age
45
Children under 15
13%
Homes
57% detached, 7% high-rise
Commute by transit
2%
Population
18,587

Languages spoken most at home besides English: Italian 1.2%, Spanish 0.8%, Malayalam 0.7%, Punjabi (Panjabi) 0.6%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area in Niagara Peninsula Conservation’s mapping.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Niagara Region (St. Catharines) police: 54 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Niagara Peninsula Conservation open data. Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 65 km. Transit times · Driving times

Noise 1 source nearby

  • 🚆 Rail line (Grimsby Subdivision)250 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by SUTTON GROUP-ADMIRAL REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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