5200 Mcrae Street, Niagara Falls, ON

$494,900
MLS#:X12398738
4 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of 211 - Cherrywood. Expertly crafted featuring premium vinyl siding and aluminum siding construction, this residence presents an exceptional opportunity offered at $494,900 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.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 40 x 120 ft lot
  • Features a ["separate entrance", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: In-Law Suite, Carpet Free, Storage
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Priced Below Current Appraised Value for Quick Sale! This freshly painted 2-storey home in Niagara Falls delivers unbeatable value under $500,000 with 3+1 bedrooms, 2 full baths, and 2 kitchens, perfect for first-time buyers, multigenerational living, or savvy investors. Functional Basement: Yes, the basement ceilings are approximately 6 ft, but don't let that stop you! This level offers fantastic functionality with its own kitchen, full bathroom, bedroom, laundry, and separate entrance. It's ideal for a growing teenager's private space, an in-law suite, guest accommodations, or even a rental unit, giving you true dual-income potential. Upstairs, enjoy sun-filled living and dining separate areas with a beautiful bay window and a quartz kitchen equipped with 2025 stainless steel appliances. The large lot gives you room to breathe, with a freshly paved driveway (2025) that fits multiple cars, a covered back deck for entertaining, and a shed for storage. Just minutes from Clifton Hill, Niagara Falls University, parks, shopping, and major highways with hourly GO Train service on the way, this home is a smart buy for anyone looking for space, location, and lifestyle. Move in and start making memories or start generating rental income right away!

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 22, 2025
Sold price information is available to members only
Listed Date9/11/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionVinyl Siding, Aluminum Siding
Lot Size40 × 120 Feet
CountyNiagara
Annual Tax$2,455
Legal DescriptionLT 201 PL 307 NIAGARA FALLS ; NIAGARA FALLS

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Hospital, Park, Public Transit, Library

Community Features

Location

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5200 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 5200 Mcrae Street, Niagara Falls, ON L2E 1P8

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$395,920
Monthly Mortgage$2,300
Property Tax (Est.)$205
Utilities & Maint.$350
Total Monthly Cost$2,855

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.

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.