4889 Mcrae Street, Niagara Falls, ON

$709,900
MLS#:X11102025
5 beds
4 baths
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2 1/2 Storey"] multiplex located in the coveted neighborhood of 211 - Cherrywood. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $709,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 4 Bathrooms with 4 functional kitchens
  • Premium 38.09 x 127.2 ft lot size
  • Features a ["separate entrance", "unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Other
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

SET THE RENT ROLL WITH THIS FABULOUS FOUR UNIT INVESTMENT WHICH EVEN INCLUDES A BONUSSTUDIO OR A SECOND BEDROOM OPTION FOR THE MAIN FLOOR APARTMENT! EXCELLENT LOCATION ALLOWSWALKING DISTANCE TO TOURIST ATTRACTIONS, RESTAURANTS, PUBS, USA BORDER, CASINO, EASY ACCESSTO HIGHWAY, ETC. LEGAL NON-CONFORMING 4-PLEX INCLUDES ALL THE APPLIANCES PLUS WASHER &DRYER IN COMMON AREA. SEPARATE HYDRO METERS. UPDATED ROOF. 3 UNITS ARE UPDATED WITH SOMEFLOORING & PAINT & MORE..

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
4
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 24, 2025
Sold price information is available to members only
Listed Date11/26/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
Architectural Style2 1/2 Storey
ConstructionBrick, Vinyl Siding
BasementSeparate Entrance, Unfinished
Lot Size38.09 × 127.2 Feet
CountyNiagara
Annual Tax$4,608
Legal DescriptionLT 51 PL 307 NIAGARA FALLS ; NIAGARA FALLS

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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4889 Mcrae Street, Niagara Falls, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 4889 Mcrae Street, Niagara Falls, ON L2E 1N9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$567,920
Monthly Mortgage$3,300
Property Tax (Est.)$384
Utilities & Maint.$350
Total Monthly Cost$4,034

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Niagara Falls.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 211 Cherrywood, Niagara Falls.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

LaMarsh
Public4571 Drummond Road, Niagara Falls, Ontario, L2E 6C8
5.3
Cherrywood Acres
Public4635 Pettit Avenue, Niagara Falls, Ontario, L2E 6L4
6.8
Greendale
Public5504 Montrose Road, Niagara Falls, Ontario, L2H 1K7
7.9
Princess Margaret
Public6624 Culp Street, Niagara Falls, Ontario, L2G 2C4
8.5
St Mary
Public5719 Morrison Street, Niagara Falls, Ontario, L2E 2E8
8.1

Secondary Schools

Stamford
Public5775 Drummond Road, Niagara Falls, Ontario, L2G 4L2
5.3
Westlane
Public5960 Pitton Road, Niagara Falls, Ontario, L2H 1T5
6.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.