23
$649,000
5166 Morrison Street, Niagara Falls, ON L2E 2E4
Cherrywood
5+2 bd
3 ba
1,500 sf
3
3 weeks on marketMLS® X14031054
Listing courtesy of CENTURY 21 GREEN REALTY INC.
1 / 24
For saleMLS® X13637840
4999 Mcrae Street, Niagara Falls, ON L2E 1P2
Cherrywood · L2E 1P2
$749,000
$375 / sq ft3 months on market
- Bedrooms
- 6
- Bathrooms
- 4
- Interior
- 2,000 sf
- Parking
- 6
- Lot
- 40 × 125 ft
What's special
- 6 parking spaces
- Fireplace
- Storage area lockers
- Accessory apartment
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
- Storage Area Lockers
- Accessory Apartment
Property details
Property
- Property type
- multiplex
- Bedrooms
- 6
- Bathrooms
- 4
- Interior size
- 2,000 sq ft
- Lot size
- 40 × 125 ft
- Possession
- Immediate
Interior
- Basement
- Other
- Heating
- Other · Other
- Cooling
- Other
- Fireplaces
- 1
- Exposure
- South
Exterior & services
- Construction
- Vinyl Siding
- Parking spaces
- 6
- Sewer
- Sewer
Costs
- List price
- $749,000
- Property taxes
- $4,805 / year (2025)
- Price per sq ft
- $375
- Rental items
- water heater and boiler
Listing
- MLS® number
- X13637840
- Status
- For sale
- Listed
- August 5, 2026
- Days on market
- 92
- Last updated
- September 4, 2026
- Listing brokerage
- CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced in line with comparable listings — about 66% of comparable multiplex listings in Niagara Falls are asking less.
$464KMedian $650K$1.22M
- This home
- $375 / sq ft
- Comparable median
- $420 / sq ft
Based on 29 comparable active multiplex listings in Niagara Falls. These are asking prices, not sale prices.
Mortgage estimate
Down payment6.7% · minimum $49,900
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $3,865.44
- Property tax (est.)
- $400.42
- Estimated monthly
- $4,266
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $11,455
- Total due on closing
- $11,455
An estimate on the asking price of $749,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CENTURY 21 PEOPLE`S CHOICE REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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