5385 Mcrae St

Niagara Falls | | L2E 1R3
  • 3 + 2
  • 2
  • 0

Ask: $624,900 $530,000

Est. Mtg $1,797 /mo
  • Days on market

    113

  • Status

    New

Listing Broker RIGHT AT HOME REALTY
Since listed: 3 views

Home details

MLS #:

X8426464

Property type:
Detached
Style:
1 1/2 Storey
Taxes:
$1,900
Possession:
TBA
Lot Front:
39.99   Feet
Lot Depth:
122.8   Feet
Basement:
Finished |
Driveway Pkg:
4
Heat:
Gas | Forced Air

Description


5385 Mcrae St, , Niagara Falls, Ontario is a Detached property in Niagara Falls and in the community in the L2E 1R3 postal code


Prime Investment Opportunity or Ideal Starter Home! Attention investors and first-time homebuyers! Welcome to this exceptional property offering immense luxury and versatility. This residence features two separate units, making it perfect for generating rental income or creating a multi-generational living space. he first unit boasts three spacious bedrooms with an abundance of natural light and thoughtfully designed interiors, providing a comfortable and inviting living environment. The second unit includes two well-proportioned bedrooms and two charming living rooms, ideal for both relaxation and entertaining. Situated in a prime location, this home is within walking distance to the Niagara Falls, US Border, grocery stores, aesthetic coffee shops, and many other amenities, making it highly attractive to potential tenants and new families.The property is well-maintained with upgraded kitchen and washrooms, ensuring a hassle-free investment. It is located in a great neighborhood with a friendly community atmosphere with close proximity to public transportation, and major highways. The high rental demand in this area guarantees easy rental opportunities due to its convenient location. Whether you're looking to invest or find your perfect starter home, this property offers everything you need and more. Secure your future in this highly sought-after location! Contact us today to schedule a viewing and take the first step toward making this property yours..

Extras

Includes two modern refrigerators, two stoves, and central air conditioning updated in 2023. The brand new washer and dryer (2022) add convenience, while elegant window coverings enhance the aesthetic appeal of this well-appointed property..


History

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List Date End Date List Price End Price Status MLS #
2021-05 2021-07 $599,900 $599,900 Ter X5253373
2021-07 2021-07 $559,900 $555,000 Sld X5301712
2023-10 2023-12 $650,000 $650,000 Exp X7220428
2024-06 2024-09 $624,900 $530,000 New X8426464

Comparables

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sold Date Address List Price sold Price DOM
2024-09 73 Eighth Ave, $214,900 $200,000 60
2024-09 154 Rebecca St, $339,000 $329,900 21
2024-09 1066 Tower Lane S, $849,000 $700,000 195
2024-09 125 Fifteenth Ave, $167,900 $160,000 196
2024-09 1700 Chatham Rd, $449,000 $447,000 16
2024-09 142 Glanmire Lake Rd, $550,000 $510,000 156
2024-09 2371 HAMILTON Rd, $499,900 $480,370 28
2024-09 118 Westchester Ave, $489,000 $489,000 13
2024-09 456 Cecil St, $179,000 $185,000 34
2024-09 1076 East River Rd, $1,400,000 $1,230,000 113
2024-09 381 Simpson Ave, $450,000 $437,500 57
2024-09 218 Woolwich St, $1,949,888 $1,800,000 94
2024-09 555 Grant St N, $569,900 $540,000 51
2024-09 8 Second St W, $159,000 $158,000 78
2024-09 29 Christopher Dr, $599,900 $665,000 8

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Niagara Falls :

Properties sold
Average sale price
New Listings
Year on Year Growth

Municipality activity All Property Types

Sale activity

Niagara Falls :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 5385 Mcrae St

Based on available 3rd party data

$2090

Approximate costs per month

Mortgage
$1797 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$158 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Other
  • Public Transit
  • School Bus Route
Listing Broker RIGHT AT HOME REALTY
Data Source: TRREB

Payment calculator

$1955 monthly. In association with: TD Bank
%
  • Principal and Interest
    1797 /mo
  • Property Taxes
    $158 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Mimmo Galatti, Realtor

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