5024 Centre Street, Niagara Falls, ON
L2G 3N7
Listed October 26, 2026
About this property
Niagara Falls is located on the border of Ontario, Canada and New York State, USA, connecting Lake Ontario and Lake Erie. Millions of years of erosion have given us the privilege of witnessing its current magnificent grandeur. A thousand years of waiting have brought us together at this moment, in this spectacle. However, what we appreciate here is not just scenery, but also an opportunity to create wealth and value.5024 Centre St. is located at the busiest intersection of Clifton Hill and Victoria Road within the scenic area. It is surrounded by entertainment venues, restaurants, and hotels, attracting over 14 million visitors annually. This 600-square-foot shop, designed for tourism-oriented commercial use, can be used as a convenience store, bubble tea shop, takeout restaurant, souvenir retail, etc. Currently, the tenant is a chain convenience store with a long-term lease and stable rent. This not only avoids many inconveniences associated with dealing with residential tenants but also fulfills the investment aspirations of overseas buyers in Niagara.
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Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 5024 Centre Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$179,980 · Minimum $179,980
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One-time costs
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Estimated monthly cost of ownership
$4,519/mo
About $54,228 a year
- $3,981
- $538
Cash needed to close
- Down payment (20%)
- $179,980
- Ontario land transfer tax
- $14,473
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $196,953
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
5024 Centre Street, Niagara Falls, ON
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Last Updated: October 26, 2026
Listing Office: RE/MAX NIAGARA REALTY LTD, BROKERAGE
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