5341 McRae Street, Niagara Falls, ON
L2E 1R3
Listed September 23, 2026
About this property
**Great value in Niagara Falls!** This charming **3-bedroom detached 2-storey home** sits on a generous **40' x 121.8' lot** and offers approximately **1,200 sq. ft. of above-grade living space**, with **4-car driveway parking** and a large backyard. Fresh and move-in ready, the home features **new flooring, fresh paint, new kitchen cabinets, and a beautifully updated second-floor bathroom**. **Most windows were replaced in 2026**, adding further value and peace of mind. Three spacious bedrooms plus a **walk-up attic** provide plenty of room for family living, storage, a home office, or hobbies. The **large backyard features an in-ground pool that requires TLC/repairs**, offering an opportunity to bring it back to life and create your own private summer retreat. Located just **steps from a bus stop** and close to Stanley Avenue, Highway 420, shopping, restaurants, schools, and everyday amenities. **Detached 40' x 121.8' Lot 4-Car Parking 2026 Window Updates New Flooring Updated Bathroom Large Backyard In-Ground Pool**. **At $429,000, this is an opportunity to own a detached home with a generous lot and plenty of potential. Book your showing today!**
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 5341 McRae Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$85,800 · Minimum $21,450
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2026 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
$2,949/mo
About $35,388 a year
- $1,898
- $238
- Home insurance$125
- Utilities$330
- Maintenance & repairs$358
Cash needed to close
- Down payment (20%)
- $85,800
- Ontario land transfer tax
- $5,055
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $93,355
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
5341 McRae Street, Niagara Falls, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: September 23, 2026
Listing Office: HOMELIFE TOP STAR REALTY INC.
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