$ 649.900

5267 Mcrae Street, Niagara Falls

29 Photos

3pc Bathroom - 5267 Mcrae Street, Niagara Falls, ON L2E1P9 Photo 2

3pc Bathroom - 5267 Mcrae Street, Niagara Falls, ON L2E1P9 Photo 3

Laundry room - 5267 Mcrae Street, Niagara Falls, ON L2E1P9 Photo 4

Bedroom - 5267 Mcrae Street, Niagara Falls, ON L2E1P9 Photo 5

Eat in kitchen - 5267 Mcrae Street, Niagara Falls, ON L2E1P9 Photo 6

Living room - 5267 Mcrae Street, Niagara Falls, ON L2E1P9 Photo 7

Bedrooms: 5
Bathrooms: 3
Living area: 1866 sqft

MLS®: 40540205
Type: Residential
Added: 22 days ago

Property Details

Investment Opportunity in Niagara Falls! This 3-unit multi-residential property is walking distance to the Clifton Hill tourist district. This renovated duplex with an in-law suite features a main floor 2-bedroom unit, another 2-bedroom unit on the second floor, and a cozy 1-bedroom unit in the basement. There's shared laundry in the lower level and ample parking, including a double detached garage. Conveniently located near transportation, the Go station, and highways- ideal for investors or live in one unit while tenants pay your mortgage. (id:1945)

Best Mortgage Rates

Property Information

Sewer: Municipal sewage system
Cooling: Wall unit
Heating: Forced air, Natural gas
Stories: 2
Basement: Unfinished, Partial
Directions: Highway 420 to Stanley Avenue to McRae
Living Area: 1866
Lot Features: Paved driveway
Photos Count: 29
Water Source: Municipal water
Parking Total: 8
Bedrooms Total: 5
Structure Type: House
Common Interest: Freehold
Parking Features: Detached Garage
Subdivision Name: 211 - Cherrywood
Tax Annual Amount: 2890
Exterior Features: Vinyl siding
Foundation Details: Block
Zoning Description: R2
Architectural Style: 2 Level
Number Of Units Total: 3

Room Dimensions

Type	Level	Dimensions
3pc Bathroom	Basement
3pc Bathroom	Second level
3pc Bathroom	Main level
Laundry room	Basement	7'4'' x 11'6''
Bedroom	Basement	5'0'' x 10'8''
Eat in kitchen	Basement	8'7'' x 12'9''
Living room	Basement	11'3'' x 12'1''
Bedroom	Second level	8'6'' x 9'3''
Primary Bedroom	Second level	8'7'' x 12'1''
Living room	Second level	9'7'' x 8'7''
Dining room	Second level	8'1'' x 8'7''
Kitchen	Second level	8'0'' x 8'7''
Bedroom	Main level	7'1'' x 14'7''
Primary Bedroom	Main level	11'6'' x 11'9''
Living room	Main level	11'1'' x 14'1''
Eat in kitchen	Main level	9'7'' x 14'6''

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Nearby Places

Name	Type	Address	Distance
Niagara Falls Memorial Arena	The arena was home to various ice hockey teams in ...		0.5 km
Criminals Hall of Fame	The museum features forty wax statues of notorious...		0.9 km
James G. Marshall House	It is a three-story Arts and Crafts style dwelling...		1.0 km
Niagara SkyWheel	It opened on 17 June 2006, at a cost of $10 millio...		1.0 km
Clifton Hill, Niagara Falls	The street contains a number of gift shops, wax mu...		1.0 km
WWE Niagara Falls	After The World's closure it became the only WWE R...		1.0 km
Wendy's	Restaurant	4850 Clifton Hill	1.0 km
Bradley Octagon House	It is two storey with an octagonal cupola centered...		1.1 km
Maple Leaf Village	Falling on hard economic times in the early 1990s,...		1.1 km
Fallsview Indoor Waterpark	Amusement park	5685 Falls Avenue	1.1 km
Crowne Plaza Niagara Falls - Fallsview	Lodging	5685 Falls Ave	1.1 km
Casino Niagara	Casino	5705 Falls Ave	1.1 km

Similar Houses Stat in Niagara Falls

We have found 6 Houses that closely match the specifications of the property located at 5267 Mcrae Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 429,999 and 899,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the L2E1P9 postal code area of Niagara Falls Ontario Canada.

5267 Mcrae Street mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 5267 Mcrae Street. The current price of the property is $649,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $519,920. This would result in a monthly mortgage payment of $3,039 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	10
Bachelor's degree	10
University / Above bachelor level	10
University / Below bachelor level	10
Certificate of Qualification	10
College	75
University degree at bachelor level or above	25

Neighbourhood Marital Status Stat

Married	120
Widowed	20
Divorced	45
Separated	20
Never married	155
Living common law	65
Married or living common law	190
Not married and not living common law	240

Neighbourhood Construction Date

1961 to 1980	30
2001 to 2005	10
1960 or before	185

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