
Welcome to this remarkable 2-Storey fourplex located in the coveted neighborhood of 211 - Cherrywood. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $789,000 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.
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.
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This fourplex located at 4999 Mcrae Street, Niagara Falls is currently for sale and has been available on SousaSells for 2 days. This property is listed at $789,000 with an estimated mortgage of $2,626* per month. It has 6 beds, 4 bathrooms, and is 2000-2500 square feet. 4999 Mcrae Street, Niagara Falls is in the 211 - Cherrywood neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 6 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in 211 - Cherrywood, Niagara Falls.
Growing families needing multi-bedroom flexibility and space in 211 - Cherrywood, Niagara Falls.
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The current listing price for 4999 Mcrae Street, Niagara Falls, ON in 211 - Cherrywood, Niagara Falls is $789,000.
This property features 6 bedrooms and 4 bathrooms across approximately 2000-2500 sqft.
4999 Mcrae Street, Niagara Falls, ON is a Fourplex (2-Storey) featuring a Other basement.
Interior highlights include: Storage Area Lockers, Accessory Apartment.
Yes, this property offers parking space for 6.0 vehicles (None).
Heating is provided via Other and cooling via Other.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 4999 Mcrae Street, Niagara Falls, ON L2E 1P2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Niagara Falls.
About Purchasing a Home in Niagara Falls, ON
For a property listed at $789,000 in Niagara Falls, the legal minimum down payment is $53,900 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 $12,255 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 $12,255.
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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.