For Lease · Specialty

5719 VICTORIA Avenue Unit# Upper, Niagara Falls

5719 VICTORIA Avenue Unit# Upper, Niagara Falls, ON L2G3L5

Price on request

1,700 SF

Asset Class

Specialty

Size

1,700 SF

Building class

A

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

91%

About this property

Prime upper-level commercial space steps from Clifton Hill! Rare leasing opportunity in the heart of Niagara Falls' vibrant tourist district. Open-concept layout offers a versatile blank canvas for a restaurant, bar, café, retail, entertainment concept, or other business use. Build-to-suit options available to bring your vision to life. Gross lease includes TMI, property taxes, and all utilities, providing tenants with predictable occupancy costs. Exceptional location surrounded by major tourist attractions and significant visitor traffic, offering outstanding exposure for your business. A rare opportunity to establish your brand in one of Canada's premier tourist destinations. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Lakeview Physiotherapy1,552 SF2031-09

Area demographics

Trade area within 3 miles of the property.

Population

124,230

Households

44,651

Median income

$112,500

Median age

33.8

Daytime population

147,351

5-yr growth

2.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 5719 VICTORIA Avenue Unit# Upper, Niagara Falls.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.