DAVIDS&DELAAT
5544 Mcleod Road

5544 Mcleod Road, Niagara Falls, ON

$4,900,000
For SaleNew

L2G 2E3

Listed October 27, 2026

0Bedrooms
0Bathrooms
2Sq. Ft.

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

Listing

MLS® NumberX14119592
StatusFor Sale
ListedOctober 27, 2026
Listing TypeFor Sale
Listing OfficeHIGH POINT REALTY LIMITED

Property

Property TypeCommercial
Interior Size2 ft²

Location

Community220 - Oldfield
CityNiagara Falls
ProvinceON
Postal CodeL2G 2E3

Taxes & Financials

Asking Price$4,900,000
Property Taxes (2025)$31,751/yr

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

Use the rate your lender or broker quotes you.

Monthly costs

From the listing (2025 tax bill).

Leave at $0 if there isn't one.

Enter your own estimate.

Enter your own estimate.

Your figure.

One-time costs

A typical estimate — your lawyer will confirm.

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

Map data © GoogleOpen in Google Maps ↗

Similar Properties Nearby

View all →

Last Updated: October 27, 2026

Listing Office: HIGH POINT REALTY LIMITED

This listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.