The Niagara Condominiums is a collection of 3 buildings and 60 units on 1.2 acres of green space.
The suite mix ranges from 427 sq ft to 950 sq ft & has single and 2 storey units all with access to
the outdoors. The main building fronts onto McLeod Road giving the site prominence which is
destined to become a landmark.
The modern design of The Niagara is a juxtaposition to the projects in the area but it’s also
a glimpse into the future of Niagara Falls. M5V Developments currently has 6 projects along
McLeod Road which are scheduled to be completed over the next decade and will completely
reinvigorate the area. The City of Niagara Falls currently has a Mega Mall slated to open in
2024 off McLeod Road which will continue the ascension of the neighbourhood. The McLeod
Road intensification corridor is a plan to increase traffic along this node making this street a
thoroughfare between Clifton Hill & the various amenities off McLeod.
Over 14 million tourists visit Niagara Falls each year
• Visitors to Niagara Falls support 33,000 people who work in the hospitality and tourism industry
• Niagara Falls is an affordable alternative to the explosive GTA market
• Current rental housing stock in Niagara Falls is dated and has lengthy waitlists
• Vacancy rate in Niagara Falls is 1.5%
• Migrant flow: GTA residents are moving and retiring in Niagara Falls
• Niagara Falls is a development hub: Several multi-million dollar projects in progress
• GO Train expansion to Niagara by 2023
• New South Niagara Falls Hospital to be constructed by 2023
• Average price per square foot is 50% of the cost of downtown Toronto
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