5341 McRae Street, Niagara Falls, ON
Property Highlights
Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Cherrywood. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $475,000 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
- Generous living space spanning 1100-1500 sqft on a premium 40 x 121.8 ft lot
- Features a separate entrance, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Beautifully Updated 2-Storey Home in the Heart of Niagara Falls. Welcome to this charming 3-bedroom, 2-storey home in the heart of Niagara Falls, offering convenient access to Stanley Avenue and Highway 420. This move-in-ready home features new kitchen cabinets, updated flooring, and fresh paint throughout. The second-floor washroom has also been beautifully updated, adding a modern touch to this inviting home. The property offers three spacious bedrooms plus a usable walk-up attic, providing excellent additional space for storage, a home office, or other possibilities. With its great location and thoughtful updates, this home is an excellent opportunity for first-time buyers, investors, or anyone looking to move into a nicely renovated home. Shows beautifully and is ready to move in-don't miss this great opportunity!
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Property Summary
This detached home located at 5341 McRae Street, Niagara Falls is currently for sale and has been available on SousaSells for 11 days. This property is listed at $475,000 with an estimated mortgage of $1,581* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 5341 McRae Street, Niagara Falls is in the Cherrywood neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Cherrywood, Niagara Falls.
- •4 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Cherrywood, Niagara Falls.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 5341 McRae Street, Niagara Falls, ON
Q.What is the asking price for 5341 McRae Street, Niagara Falls, ON ?
The current listing price for 5341 McRae Street, Niagara Falls, ON in Cherrywood, Niagara Falls is $475,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 5341 McRae Street, Niagara Falls, ON ?
5341 McRae Street, Niagara Falls, ON is a Detached (2 1/2 Storey) featuring a Separate Entrance, Unfinished basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Cherrywood, Niagara Falls
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
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 5341 McRae Street N, Niagara Falls, ON L2E 1R3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Niagara Falls, ON
For a property listed at $475,000 in Niagara Falls, the legal minimum down payment is $23,750 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,975 for this transaction. As this listing is in Niagara Falls (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,975.
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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.
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