4999 Mcrae Street, Niagara Falls, ON
L2E 1P2
Listed August 5, 2026
About this property
Well-maintained multi-residential building at 4999 McRae Street, ideally positioned in central Niagara Falls. 4 units: 2 x 2 bedroom, 2 x 1 bedroom. Each unit offers a comfortable layout with a large living space and well-proportioned bedrooms, and residents enjoy on-site parking and laundry. Transit, downtown shops and restaurants, and the tourist corridor are all within easy reach - a location that keeps units rented. A solid addition to any portfolio. Great opportunity to live in one unit and have income from 3 units. Main unit on ground floor has private garden and driveway for 2 parking.
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 4999 Mcrae Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$149,800 · Minimum $49,900
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2025 tax bill).
Leave at $0 if there isn't one.
Typical for this kind of home.
Hydro, heating, water and sewer.
About 1% of the price a year, set aside.
One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$4,792/mo
About $57,504 a year
- $3,313
- $400
- Home insurance$125
- Utilities$330
- Maintenance & repairs$624
Cash needed to close
- Down payment (20%)
- $149,800
- Ontario land transfer tax
- $11,455
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $163,755
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
4999 Mcrae Street, Niagara Falls, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: August 5, 2026
Listing Office: CENTURY 21 PEOPLE`S CHOICE REALTY INC.
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