Detached House for sale at 5341 McRae Street, Niagara Falls, Ontario, L2E 1R3 - Cherrywood - MLS: X13687834

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5341 McRae Street

Niagara Falls, Ontario, L2E 1R3 - Cherrywood

$475,000

Neighbourhood

Cherrywood
Major Intersection

Near Stanley Ave

Listed Since: 1 day(s)
Last update: today

Overview

Property Type

Detached, 2 1/2 Storey
Bedrooms

3 + 1
Bathrooms

2
Basement

Sep Entrance + Unfinished
Kitchen

1
Total Parking

4
Lot Size

40x121.8 (Feet)
Taxes

$2,850.69 (2026)
Type

Freehold

Property Description

Property description for 5341 McRae Street, Niagara Falls

Beautifully Updated 2-Storey Home in the Heart of Niagara Falls. Welcome to this charming 3-bedroom, 2-storey home in the heart of Niagara Falls, offering convenient access to Stanley Avenue and Highway 420. This move-in-ready home features new kitchen cabinets, updated flooring, and fresh paint throughout. The second-floor washroom has also been beautifully updated, adding a modern touch to this inviting home. The property offers three spacious bedrooms plus a usable walk-up attic, providing excellent additional space for storage, a home office, or other possibilities. With its great location and thoughtful updates, this home is an excellent opportunity for first-time buyers, investors, or anyone looking to move into a nicely renovated home. Shows beautifully and is ready to move in-don't miss this great opportunity!

Listed by HOMELIFE TOP STAR REALTY INC.

Property details

MLS #

X13687834
Sq. Ft

1100-1500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

51-99
Pool

On Ground
Drive

Private
Garage

None
Total Parking

4
Family Room

N
Den

N
Exterior

Alum Siding
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

X13687834
Sq. Ft

1100-1500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

51-99
Pool

On Ground
Drive

Private
Garage

None
Total Parking

4
Family Room

N
Den

N
Exterior

Alum Siding
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Kitchen

2.74 x 2.69 ft Main level
Living

7.42 x 3.25 ft Main level

Vinyl Floor
Dining

3.96 x 2.9 ft Main level
Primary

3.28 x 3.23 ft 2nd level

Closet
2nd Br

3.28 x 3.0 ft 2nd level

Vinyl Floor
3rd Br

2.64 x 2.13 ft 2nd level

Vinyl Floor
Bathroom

2.44 x 1.93 ft 2nd level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Estimated price

Date

Price

Change

2026-08-18

$467,101

-4.38%

Local Real Estate Price Trends for Detached in Cherrywood

Active listings

Average Selling Price of a Detached

July 2026

$436,817

Last 3 Months

$446,661

Last 12 Months

$455,877

July 2025

$511,400

Last 3 Months LY

$476,482

Last 12 Months LY

$500,229

Change

-15%

Change

-6%

Change

-9%

Average Selling price

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.