DAVIDS&DELAAT
4975 Mcrae Street
+42 more

$699,000

For SaleNew

4975 Mcrae Street, Niagara Falls, ON, L2E 1P2

Listed June 18, 2026

10Bedrooms
4Bathrooms
1,500Sq. Ft.

About this property

Welcome to this stunning, non-conforming, move-in ready Multiplex (four units with three separate, above grade, independent units and one finished basement unit) having potential rental income of $53,700 per annum from above grade units (U1, U2, U3) and stay in the beautifully finished 2 bedroom basement for free. This house is completely renovated, freshly painted with many new appliances. It is in great location with minutes from downtown core, tourist attractions and GO Station. MAINFLOOR UNIT-THE LARGEST VACANT PERFECT OPPORTUNITY TO MOVE IN OR RE-RENT TO TENANT OF YOUR CHOICE! 1693 sqft brick and vinyl siding Two-storey, very well maintained property. 3 bedroom main floor apartment offers a spacious rental w/exclusive space of huge covered front porch. Main floor unit could easily rent for approximately $2300 per month (all inclusive). Upper VACANT 1 bedroom at the back is an adorable loft apartment w/gas fireplace, brand new vinyl flooring and completely renovated within the last few years with previous tenant paying $1300 (all inclusive). Upper bachelor apartment paying $875 (all inclusive). Many big ticket items completed: Rear stairs rebuilt, electrical updated, sump pump w/reverse flow valve and backup installed 2020, rear fence 2019, poured concrete walkway added, porch rebuilt 2019, most windows replaced 2019, front wall and half of each side of basement walls waterproofed w/ lifetime warranty 2019, main stack replaced 2018, main floor apartment: newer stairs carpet, newer vinyl flooring, newer dishwasher and fridge, updated bathroom, freshly painted, most LED fixtures changed throughout. Two driveways (a single and a double) offers plenty of tenant parking.

Features

ViewFireplaceAir ConditioningBasement

Property Details

Listing

MLS® NumberX13448642
StatusFor Sale
ListedJune 18, 2026
Listing TypeFor Sale
Listing OfficeHOMELIFE/MIRACLE REALTY LTD

Property

Property TypeMulti-Family
Interior Size1,500 ft²
Bedrooms10
Bathrooms4

Parking & Land

Lot Size4,413 ft²

Location

Community211 - Cherrywood
CityNiagara Falls
ProvinceON
Postal CodeL2E 1P2

Taxes & Financials

Asking Price$699,000

Location & Walkability

4975 Mcrae Street, Niagara Falls, ON

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Last Updated: June 18, 2026

Listing Office: HOMELIFE/MIRACLE REALTY LTD

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