



5544 Mcleod Road, Niagara Falls, ON
L2G 2E3
Listed October 27, 2026
About this property
POWER OF SALE! In the heart of Niagara Falls vibrant tourist district. This high profile 1.52 acre corner site offers exceptional redevelopment potential in one of Canada's most visited destinations. Zoned Tourist Commercial, the property permits a wide range of uses including hotel, residential, mixed use, retail and tourism related development. Improved with a vacant non operating two storey motel containing 23 guest rooms plus a three bedroom manager's residence in need of rejuvenation, presenting either a restoration and expansion opportunity or a complete redevelopment play. Premier of Ontario and the City of Niagara Falls have a long term vision for intensification in the Tourist Core. The property offers the potential to pursue a hotel, mid rise or high rise rezoning for greater density and height, subject to municipal approvals. Strategically located at the busy gateway intersection of Stanley Avenue and McLeod Road, between Marineland and the established hotel and entertainment core, the site benefits from outstanding exposure and accessibility. It is minutes to Fallsview Casino, Horseshoe Falls, Clifton Hill, major attractions, the QEW highway, GO Transit and the U.S. border via the Rainbow Bridge. This is a rare chance to secure a significant redevelopment site in a tightly held tourist market with strong fundamentals, offered under Power of Sale! Property being sold by the mortgagee in "as-is, where-is" condition.
Property Details
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Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 5544 Mcleod Road — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$980,000 · Minimum $980,000
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One-time costs
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Estimated monthly cost of ownership
$24,320/mo
About $291,840 a year
- $21,674
- $2,646
Cash needed to close
- Down payment (20%)
- $980,000
- Ontario land transfer tax
- $108,975
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $1,091,475
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
5544 Mcleod Road, Niagara Falls, ON
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Last Updated: October 27, 2026
Listing Office: HIGH POINT REALTY LIMITED
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