4625 Cataract Avenue

210 - Downtown, Niagara Falls, L2E 3M3

$4,500,000

Reduced $2,450,000 from $6,950,000

Listed 144 days ago · MLS® X13210814

About this home

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)

Details

Type: Commercial Retail
Lot: 127.87 × 281.9 ft
Garage: None
Property tax: $44,180 (2025)
Neighbourhood: 210 - Downtown
Municipality: Niagara Falls

Heating, cooling and services

Heating: Radiant
Utilities: Available

Building and exterior

Building area: 10,000 Square Feet

Possession: FLEX
Cross street: QUEEN ST - RIVER RD - PARK - CATARACT

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 Somewhat walkable

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

Within a 10-minute walk: no grocery stores, 7 cafés and restaurants, 2 parks. Nearest park: Rosberg Family Park (250 m).

Schools nearby

Elementary

Simcoe Street Public School
EQAO: Gr 6 reading 92%, math 56%17 min walk
St. Patrick Catholic Elementary School Catholic
EQAO: Gr 3 reading 100%, math 100%17 min walk
Valley Way Public School
EQAO: Gr 6 reading 80%, math 40%1.8 km
St. Mary Catholic Elementary School Catholic
EQAO: Gr 6 reading 100%, math 100%2.4 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)200 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 RE/MAX NIAGARA REALTY LTD, BROKERAGE.

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