PROJECT INFOMRATION
NOVA Building
Nova is a mixed-use building shaped around efficiency, livability, and urban activation at the street level.
The project’s ground floor is dedicated to retail, while the upper three floors deliver a balanced mix of residential units designed for modern tenants and long-term investment performance.
NOVA Highlights
- 4-storey mixed-use building with mechanical rooftop.
- 36 residential units across three upper floors.
- 334 mu00b2 of ground-floor retail space.
- Total GFA of 3,246 mu00b2 (34,940 sq. ft.).
- Total NSA of 2,417.5 mu00b2 (26,022 sq. ft.).
- Designed by AAA Architects Inc., Toronto.
- Located in Niagara Falls, ON u2014 a high-growth, tourism-driven market.
Site Plan
Design
Nova is designed with a clean, contemporary facade and a consistent floor plate across levels 2 through 4, supporting construction efficiency and cost control.
Floor-to-floor heights are 3.2 m for each residential level, with a 6.2 m ground-floor commercial height that creates an inviting and flexible retail environment.
The four elevations – north, south, east, and west – reflect a refined architectural language suited to the Niagara Falls urban context.
Amenities
Nova includes a dedicated amenity area to enhance the resident experience and support competitive leasing.
The building’s design incorporates practical resident-focused features aligned with modern mid-rise apartment expectations in the Ontario rental market.
Unit Mix
Nova offers a well-balanced residential mix across three identical floor plates.
This mix targets a broad range of tenants, from young professionals to small families, well-suited to the Niagara Falls rental market.
| Type | nUnits per Floor | nTotal Units | n% of Mix | n
|---|---|---|---|
| 1 Bedroom | n5 | n15 | n41.7% | n
| 2 Bedroom | n5 | n15 | n41.7% | n
| 3 Bedroom | n2 | n6 | n16.6% | n
Location Value
Located at 5234 Victoria Ave, Niagara Falls, ON, Nova benefits from strong tourism-driven economic activity, growing residential demand, and proximity to key urban amenities.
Niagara Falls continues to attract new residents and investors alike, supported by infrastructure investment, cross-border activity, and a steady population base.
Investment Appeal
Nova presents a disciplined mixed-use opportunity with a straightforward 4-storey structure, efficient floor plates, and a retail component that adds income diversification.
The project’s design, scale, and location support a compelling case for investors seeking stable returns in a growing Ontario market outside of the GTA.
