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Investor alert! Located in Niagara Fall's - one of Canadas top tourist hubs with over 13 million annual visitors this freshly painted 2-storey with just about 1100 sq foot above ground home offers strong income potential with 3+1 bedrooms, 2 full bathrooms, 2 kitchens, laundry on both levels, and a fully finished lower level with separate entrance, ideal for multi-generational living, long-term tenants, or short-term rentals (STR) under the city's owner-occupied bylaw. Enjoy quartz countertops, 2025 stainless steel appliances, tile flooring, a bright bay window, and a freshly paved driveway (2025), plus a covered back deck, clean shed, and spacious fenced lot. Minutes to Clifton Hill, Niagara Falls University, GO Train, parks, and highway access and with the city preparing for hourly GO service, a new university campus near City Hall, and the extension of Thorold Stone Road into the downtown core. This home is move-in ready and positioned for future growth. Listed at only $494,900.*
2 Fridges, 2 Stoves, 2 Washers, 2 Dryers, 1 Dishwasher
City: Niagara Falls
Neighborhood: Cherrywood
Purchase Price | $494900 |
Down Payment | $98980 |
Mortgage Insurance | $0 |
Total Mortgage | $395920 |
Mortgage Payment | $2440 |
Property Taxes | $205 |
Maintenance Fees | $0 |
Monthly Payment | $2644 |
Sold Comparables homes near Mcrae St, Niagara Falls
Located at 5200 Mcrae St , this Niagara Falls house is available for sale. This property was listed for $494,900 on Sat Aug 02 2025. This house's size is 1100-1500 Sqft. It has 4 bedrooms and 2 bathrooms. The property includes the following rooms: Primary, 2nd Br, 3rd Br, Bathroom, Living, Dining, Kitchen, Br, Bathroom, Kitchen. This property comes with 3 parking spots. 5200 Mcrae St, Niagara Falls is situated in the Cherrywood neighbourhood.
MLS#: X12321964 · $494,900 · 4 bedroom house in Cherrywood, Niagara Falls