5470 Lewis Avenue, Niagara Falls, ON
L2G 3R7
Listed October 21, 2026
About this property
Investor And Builder Opportunity In Niagara Falls, Close To Clifton Hill, Casino Niagara And The Falls view Tourist District.Newly Severed Lot With Existing Detached Garage. Zoned Deferred Tourist Commercial (DTC) Under By Law 79-200, As Amended By By-law 2012-060. Residential Use Including A Detached Dwelling With Additional Dwelling Units May Be Permitted, Subject To Zoning Compliance And City Approvals. Lot Dimensions And Area Per Reference Plan 59R-18575.Garage Sold As Is, Where Is. Buyers And Their Representatives To Independently Verify Zoning, Permitted Uses, Servicing, Connection Costs, Development Charges And Building Permits With The City Of Niagara Falls.Property Taxes: Not Yet Assessed!! Newly Severed Lot, Mpac Reassessment Pending.
Property Details
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Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 5470 Lewis Avenue — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$53,000 · Minimum $53,000
Use the rate your lender or broker quotes you.
Monthly costs
Estimated at about 0.8% of the price — the listing doesn't show the tax.
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One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$1,349/mo
About $16,188 a year
- $1,172
- $177
Cash needed to close
- Down payment (20%)
- $53,000
- Ontario land transfer tax
- $2,450
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $57,950
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
5470 Lewis Avenue, Niagara Falls, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: October 21, 2026
Listing Office: HOMELIFE/MIRACLE REALTY LTD
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