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3,200 sqft

C$1,180,000

5689 MAIN Street, Niagara Falls ON, L2G 5Z3

Price per sqftC$368.75
Property size3,200 sqft
Property typeCommercial

Overview

Active

Price Change

Listed Jun 29, 2026

Updated 10 days ago

This fantastic investment opportunity is located in the prime Niagara Falls tourist district, minutes from the Falls and the casino. The property features a 2,000 sq ft ground-floor restaurant currently leased at $4,300/month plus HST, which will increase to $4,500 this August, with $200 annual increments. The lease has three years remaining. The 1,200 sq ft upper unit, currently used for massage therapy, is leased at $2,000/month. Annual income totals $74,400. With 2025 taxes at $12,102, the cap rate is approximately 5%. With recent updates including electrical, plumbing, roof, HVAC, and water heater, this high-visibility property offers stable income and future potential.

Other Property Details

Taxes
$12,102
Tax Frequency
Annually

 

Courtesy of Listed by , ANJIA REALTY,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 2:20 AM UTC, 9/30/2026

 

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