5266 Mcrae Street, Niagara Falls, ON
Property no longer active
This property was sold on May 29, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of 211 - Cherrywood. Expertly crafted featuring premium brick and concrete block construction, this residence presents an exceptional opportunity offered at $470,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 41.59 x 120.45 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This beautifully maintained character home perfectly blends charm, modern convenience, and an unbeatable location! The spacious living room is ideal for gatherings, while the dining area made for entertaining opens to the backyard through patio doors. Start your morning with coffee on the inviting front porch or unwind on the two-tier deck while watching the kids play. Hardwood and tile flooring flow throughout the main level, accented by elegant wood trim and baseboards. The kitchen offers plenty of storage, making organization effortless. Upstairs, the generous primary bedroom includes a walk-in-style closet with extra storage, while the bathroom features a classic claw-foot tub, adding a touch of vintage charm. Step outside to a fully fenced backyard, providing a safe and spacious area for kids and pets. The oversized garage, complete with electricity and a dedicated workshop, is perfect for any handyman or hobbyist. Plus, enjoy brand-new furnace and AC, ensuring year-round comfort. Conveniently located just minutes from the QEW and the Niagara Falls tourist district, this home offers easy access to shopping, dining, and world-class attractions. Dont miss your chance to own this incredible property!
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Property Summary
This detached home located at 5266 Mcrae Street, Niagara Falls is currently for sale and has been available on SousaSells for 489 days. This property is listed at $470,000 with an estimated mortgage of $1,564* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 5266 Mcrae Street, Niagara Falls is in the 211 - Cherrywood neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5266 Mcrae Street, Niagara Falls, ON L2E 1R1
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 $470,000 in Niagara Falls, the legal minimum down payment is $23,500 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 $5,875 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 $5,875.
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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.