4975 Mcrae Street Unit 2, Niagara Falls, ON
L2E 1P2
Listed August 20, 2026
About this property
*****Stunning 1 Bedroom, 1 Full Bath Top Floor Unit in Niagara Falls***** Providing this upgraded, stunning, very bright, 1 Bedroom, 1 Full bath, 1 Kitchen with small dining area, Separate living room, Top Unit in well maintained house in sought-after Niagara Falls community. This gem comes with functional layout and is minutes from downtown core, tourist attractions and GO STATION.Features:Entire unit is professionally cleanedBrand new flooringSpacious and sunlight-filled Area1 Parking spotSeparate entranceShared use of spacious backyardCoin laundry on the main floor
Features
Property Details
Listing
Property
Parking & Land
Location
Taxes & Financials
Carrying Costs Calculator
What it could cost each month to rent 4975 Mcrae Street Unit 2 — rent, utilities, tenant insurance, internet and parking — plus the cash you’ll need to move in. Change any number to match your situation.
Rent
From the listing.
Utilities
Not clear from the listing — a typical bill. Ask the landlord.
Not clear from the listing — a typical bill. Ask the landlord.
Not clear from the listing — a typical bill. Ask the landlord.
Many Ontario homes rent their water heater — add it if the landlord passes it on.
Other monthly costs
Typical in Ontario — many landlords require it.
A typical plan in the area.
Add it if parking costs extra.
Coin laundry, a storage locker or other regular costs.
Moving in
Refundable when you return the keys — ask the landlord for the amount.
A typical local move with movers — less if friends help.
Account opening and installation fees.
Estimated monthly carrying cost
$1,635/mo
About $19,620 a year
- Rent$1,200
- $330
- Tenant insurance$30
- Internet$75
Cash needed to move in
- First month's rent
- $1,200
- Last month's rent deposit
- $1,200
- Key / fob depositRefundable
- $100
- Moving & set-upEstimate
- $1,400
- Total
- $3,900
Your first 12 months
- Rent and monthly costs12 months
- $19,620
- Moving & set-up
- $1,400
- Total
- $21,020
Deposits aren’t an extra cost: the last-month deposit pays your final month and the key deposit comes back when you return the keys.
Planning ahead
- Household income to keep rent + utilities at 30%CMHC's affordability guideline — landlords often use a similar test
- $62,000/yr
- Highest rent at your first renewalOntario's 2027 guideline (1.9%), once a year with 90 days' written notice. Units first lived in after November 15, 2018 aren't capped.
- $1,223/mo
Estimates only — not legal or financial advice. Deposits and rent increases follow Ontario’s Residential Tenancies Act; utilities, insurance, internet and moving costs are typical figures for the area. Confirm what the rent includes with the landlord before you sign.
Location & Walkability
4975 Mcrae Street Unit 2, Niagara Falls, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: August 20, 2026
Listing Office: HOMELIFE/MIRACLE REALTY LTD
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