$624,999
↓ $14,901 from $639,900
Est. payment $2,767/moCalculate yours
5020 Mcrae Street, Niagara Falls, ON L2E 1P3
211 - Cherrywood, Niagara Falls, ON L2E 1P3
- 4 + 1 Beds
- 3 Baths
- 2 Garage
- 1,500 Sq Ft
Listing courtesy of ROYAL LEPAGE NRC REALTY MLS® X13869272
About this home
Welcome to 5020 McRae Street, a character-filled single-family detached home offering approx. 1,780 sq. ft. above grade plus approx. 500 sq. ft. of finished basement space. The bright main floor features an inviting living room with a beautiful wood-burning fireplace and classic brick surround. The spacious kitchen offers white cabinetry, gas range, stainless steel dishwasher, built in microwave, ceramic tile backsplash, generous counter space, additional pantry cabinetry and a freestanding storage station. A 2-piece bath and main-floor laundry add everyday convenience, while updated light fixtures throughout give the home a fresh, modern feel. Upstairs are 3 bedrooms, a 4-piece bath and charming solarium. Continue up to the impressive fully finished loft, currently used as the primary bedroom. At approx. 400 sq. ft., it features a walk-in closet, additional hidden storage, space for a desk/work area and cozy reading nook, with plenty of room for a king-size bed and additional furnishings. Portable A/C included. The fully finished basement adds approx. 500 sq. ft. and features a family room, kitchen, bedroom, 3-piece bath with stand-up shower, laundry, LED pot lights, an operable awning-style window and separate exterior entrance-providing plenty of additional space for the household to enjoy. Outside, enjoy a fully fenced yard, 2-car garage, private double driveway and additional gravel parking. Pedestrian gates on both sides plus an exceptionally wide gated opening provide convenient backyard access for an RV, boat, trailer or larger equipment. TURNKEY OPTION: Sellers are open to selling the home fully furnished, including existing furniture and additional appliances, by separate negotiation. Furnishings are not included in the asking price.
Property details
Overview
- Property Type
- Detached
- Style
- 2 1/2 Storey
- For
- For Sale
- Status
- Price Change
- Size
- 1,500 sqft
Interior
- Bedrooms
- 4 + 1
- Bathrooms
- 3
- Kitchens
- 2
- Basement
- Finished, Separate Entrance
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 35 x 120 Feet
- Parking
- Attached garage · 5 total
- Zoning
- R2
Financial
- Property Taxes
- $4,022 (2026)
Location
- Neighbourhood
- 211 - Cherrywood
- Cross Street
- Stanley Ave & McRae St
- Direction Faces
- North
Listing
- MLS® Number
- X13869272
- Days on Market
- 13
- Listed On
- 2026-10-05
- Listed By
- ROYAL LEPAGE NRC REALTY
Features
Interior
- Auto Garage Door Remote
- Storage
Property
- Fenced Yard
- Hospital
- Place Of Worship
- Park
- School Bus Route
- Public Transit
Pool
- None
- Included
- Automatic Garage Door Opener with 2 x Remotes, Fridge x 2, Gas Range, Electric Oven, Dishwasher, Washing Machine x 2, Clothes Dryer x 2, Microwave, all ELF's, & Existing Window Coverings.
- Excluded
- Stand Up Freezer
- Rental items
- Hot Water Tank
Mortgage calculator
Estimated mortgage payment
$2,767 per month
- Principal and interest
- $2,767
- Property tax
- $335
- Condo fees
- $0
- Estimated monthly cost
- $3,103
Your mortgage
- Mortgage amount
- $499,999
- Mortgage insurance
- Not needed
- Interest over 25 years
- $330,209
Cash to close
- Down payment
- $125,000
- Land transfer tax
- $8,975
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $133,975
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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