4497 Queen Street, Niagara Falls, ON
L2E 2L4
Listed July 24, 2026
About this property
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.
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Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 4497 Queen Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$219,600 · Minimum $219,600
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One-time costs
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Estimated monthly cost of ownership
$5,829/mo
About $69,948 a year
- $4,857
- $972
Cash needed to close
- Down payment (20%)
- $219,600
- Ontario land transfer tax
- $18,435
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $240,535
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
4497 Queen Street, Niagara Falls, ON
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Last Updated: July 24, 2026
Listing Office: SUTTON GROUP-ADMIRAL REALTY INC.
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