$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
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
Estimated mortgage payment
$3,316 per month
- Principal and interest
- $3,316
- Property tax
- $400
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $161,255
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
This photo could not be loaded.