4999 Mcrae Street
Niagara Falls (Cherrywood), ON L2E 1P2
- 6Bedrooms
- 4Bathrooms
- 6Parking
- 2000–2500Sq Ft
- $4,805Tax
- 40×125 ftLot Size
Free EstimateSee Free Estimate Report
Sale & Price History for 4999 Mcrae Street, Niagara Falls, Cherrywood
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 4999 Mcrae Street, Niagara Falls, Cherrywood
Summarized Description
- Well-maintained multi-residential building in Niagara Falls.
- Private garden and driveway for ground floor unit.
- Four rental units with income potential.
- Comfortable layouts with spacious living areas.
- Central location near transit and shops.
- Ideal for investors or owner-occupiers.
- On-site parking and in-unit laundry available.
- Solid addition to any real estate portfolio.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,805
- Land Transfer Tax Fee
- $11,455
Rental Items
- Rental Equipment
- water heater and boiler
- Basement Type
- Other
Interior Features
- Interior Extras
- Storage Area Lockers, Accessory Apartment
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 40.00 ft
- Lot Depth
- 125.00 ft
- Lot Size
- 40.00 x 125.00 Feet
- Lot Size Code
- 40.00 x 125.00 Feet
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 5
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Other
- Heat Type
- Other
- Air Conditioning
- Other
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Yes
- Telephone
- Yes
- Bedrooms
- 6
- Washrooms
- 4
- Kitchens
- 4
Washrooms
- 3-piece
- Area
- Niagara Falls
- Municipality
- Niagara Falls
- Neighbourhood
- Cherrywood
- Main cross streets
- Mcrae St / Victoria Ave
- Directions
- McRae/Third Ave
- MLS® number
- X13637840
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-08-04
- Updated on
- 2026-09-04
- Days on market
- 75 days
- Possession date
- 2026-08-04
- Possession type
- Immediate
- Co-op commission
- 3
- Seller
- Listed by
- CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Home Market Value
Current home valuation for 4999 Mcrae Street, Niagara Falls, Cherrywood, Niagara Falls, ON. Listed for $749,000
HOMEH Estimate
—
Estimated Sales Range
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HOMEH Estimate for 4999 Mcrae Street, Niagara Falls, Cherrywood
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $249,000 over $500K
$49,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $27,953 | $20,897 | $17,826 | $0 |
=Total mortgage | $726,770 | $694,997 | $654,476 | $599,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,548monthly | $3,393monthly | $3,195monthly | $2,926monthly |
Land Transfer Tax
$11,455
$11,455
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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