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For saleMLS® X13869272

5020 Mcrae Street, Niagara Falls, ON L2E 1P3

Cherrywood · L2E 1P3

$579,999

$387 / sq ft

4 weeks on market

Bedrooms
4+1
Bathrooms
3
Interior
1,500 sf
Parking
5
Lot
35 × 120 ft

What's special

  • Attached garage
  • Central air
  • Separate entrance
  • Fireplace
  • Auto garage door remote
  • Storage
  • On demand water heater

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About this property

Welcome to 5020 McRae Street, a character-filled single-family detached home offering approx. 1,780 sq. ft. above grade plus approx. 500 sq. ft. of finished basement space. The bright main floor features an inviting living room with a beautiful wood-burning fireplace and classic brick surround. The spacious kitchen offers white cabinetry, gas range, stainless steel dishwasher, built in microwave, ceramic tile backsplash, generous counter space, additional pantry cabinetry and a freestanding storage station. A 2-piece bath and main-floor laundry add everyday convenience, while updated light fixtures throughout give the home a fresh, modern feel. Upstairs are 3 bedrooms, a 4-piece bath and charming solarium. Continue up to the impressive fully finished loft, currently used as the primary bedroom. At approx. 400 sq. ft., it features a walk-in closet, additional hidden storage, space for a desk/work area and cozy reading nook, with plenty of room for a king-size bed and additional furnishings. Portable A/C included. The fully finished basement adds approx. 500 sq. ft. and features a family room, kitchen, bedroom, 3-piece bath with stand-up shower, laundry, LED pot lights, an operable awning-style window and separate exterior entrance-providing plenty of additional space for the household to enjoy. Outside, enjoy a fully fenced yard, 2-car garage, private double driveway and additional gravel parking. Pedestrian gates on both sides plus an exceptionally wide gated opening provide convenient backyard access for an RV, boat, trailer or larger equipment. TURNKEY OPTION: Sellers are open to selling the home fully furnished, including existing furniture and additional appliances, by separate negotiation. Furnishings are not included in the asking price.

Features

  • Auto Garage Door Remote
  • Storage
  • On Demand Water Heater

Property details

Property

Property type
detached
Bedrooms
4 + 1
Bathrooms
3
Interior size
1,500 sq ft
Lot size
35 × 120 ft
Zoning
R2
Possession
Flexible

Interior

Basement
Finished, Separate Entrance
Heating
Forced Air · Gas
Cooling
Central Air,Other
Fireplaces
1
Exposure
North

Exterior & services

Construction
Brick
Garage
Attached
Parking spaces
5
Sewer
Sewer

Costs

List price
$579,999
Property taxes
$4,022 / year (2026)
Price per sq ft
$387
Rental items
Hot Water Tank

Listing

MLS® number
X13869272
Status
For sale
Listed
October 6, 2026
Days on market
29
Last updated
November 5, 2026
Listing brokerage
ROYAL LEPAGE NRC REALTY

Price & sale history

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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 above most comparable listings — about 77% of comparable detached listings in Cherrywood are asking less.

$379KMedian $462K$605K
This home
$387 / sq ft
Comparable median
$404 / sq ft

Based on 30 comparable active detached listings in Cherrywood. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.7% · minimum $33,000
$33,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,024.45
Property tax (est.)
$335.20
Estimated monthly
$3,360

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
$8,075
Total due on closing
$8,075

An estimate on the asking price of $579,999. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ROYAL LEPAGE NRC REALTY. 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.

$579,999

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