Gurvinder Nokwal REALTOR®
For Sale Fourplex 75 days on market

$749,000 ↓ $40,000 from $789,000

Est. payment $3,316/moCalculate yours

4999 Mcrae Street, Niagara Falls, ON L2E 1P2

211 - Cherrywood, Niagara Falls, ON L2E 1P2

  • 6 Beds
  • 4 Baths
  • 2,000 Sq Ft
Map

Listing courtesy of CENTURY 21 PEOPLE`S CHOICE REALTY INC. MLS® X13637840

About this home

Well-maintained multi-residential building at 4999 McRae Street, ideally positioned in central Niagara Falls. 4 units: 2 x 2 bedroom, 2 x 1 bedroom. Each unit offers a comfortable layout with a large living space and well-proportioned bedrooms, and residents enjoy on-site parking and laundry. Transit, downtown shops and restaurants, and the tourist corridor are all within easy reach - a location that keeps units rented. A solid addition to any portfolio. Great opportunity to live in one unit and have income from 3 units. Main unit on ground floor has private garden and driveway for 2 parking.

Property details

Overview

Property Type
Fourplex
Style
2-Storey
For
For Sale
Status
Price Change
Size
2,000 sqft

Interior

Bedrooms
6
Bathrooms
4
Kitchens
4
Total Rooms
8
Basement
Other

Building & Systems

Heating
Other (Other)
Cooling
Other
Exterior
Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
40 x 125 Feet
Parking
None garage · 6 total

Financial

Property Taxes
$4,805 (2025)

Location

Neighbourhood
211 - Cherrywood
Cross Street
Mcrae St / Victoria Ave
Direction Faces
South

Listing

MLS® Number
X13637840
Days on Market
75
Listed On
2026-08-04
Listed By
CENTURY 21 PEOPLE`S CHOICE REALTY INC.

Features

Interior

  • Storage Area Lockers
  • Accessory Apartment

Pool

  • None
Rental items
water heater and boiler

Mortgage calculator

Minimum for this price: $49,900 (6.66%)

Amortization, years

Estimated mortgage payment

$3,316 per month

Principal and interest
$3,316
Property tax
$400
Estimated monthly cost
$3,717

Your mortgage

Mortgage amount
$599,200
Mortgage insurance
Not needed
Interest over 25 years
$395,723

Cash to close

Down payment
$149,800
Land transfer tax
$11,455
Total, before legal fees
$161,255
Talk to me about financing

Estimates 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

4999 Mcrae Street, Niagara Falls, ON L2E 1P2 211 - Cherrywood, Niagara Falls, ON L2E 1P2
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$749,000 4999 Mcrae Street, Niagara Falls, ON L2E 1P2
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