4999 Mcrae Street, Niagara Falls, ON L2E 1P2
211 - Cherrywood, Niagara Falls · Near Mcrae St / Victoria Ave · View map
About this home
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.
The home
- Type
- Fourplex
- Style
- 2-Storey
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 6
- Bathrooms
- 4
- Kitchens
- 4
- Rooms
- 8
- Lot size
- 40 x 125 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Vinyl Siding
Heating & cooling
- Fireplace
- Yes
Garage & parking
- Driveway spaces
- 5
- Total parking
- 6
- Parking features
- Available
Taxes & other
- Property taxes
- $4,805/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Immediate
- Cross street
- Mcrae St / Victoria Ave
- Neighbourhood
- 211 - Cherrywood
More
- Price per sq ft
- ~$333 (at 2,250 sq ft)
- MLS® number
- X13637840
No matching details. Ask Will instead
The home and its surroundings
- Storage Area Lockers
- Accessory Apartment
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
4999 Mcrae Street, Niagara Falls, ON L2E 1P2
211 - Cherrywood, Niagara Falls · Near Mcrae St / Victoria Ave
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 4999 Mcrae Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 4999 Mcrae Street
Answers come straight from this home’s MLS® listing.
How much is 4999 Mcrae Street listed for, and what would it cost each month?
4999 Mcrae Street is listed for $749,000. With 20% down ($149,800), the mortgage payment would be roughly $3,021 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,422 a month, all in. That figure is an illustration, not a quote.
Is 4999 Mcrae Street freehold or a condo, and is there a monthly fee?
4999 Mcrae Street is a fourplex in 211 - Cherrywood, Niagara Falls. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 4999 Mcrae Street have?
4999 Mcrae Street has 6 bedrooms and 4 bathrooms. The listing gives the style as 2-storey.
Does 4999 Mcrae Street have a garage and parking?
The listing does not show a garage. The driveway adds 5 spaces. In total the listing counts 6 parking spaces.
What style of home is 4999 Mcrae Street?
4999 Mcrae Street is a fourplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 4999 Mcrae Street, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 40 x 125 ft.
What are the property taxes for 4999 Mcrae Street?
Property taxes are $4,805 a year (2025), or about $400 a month.
Where is 4999 Mcrae Street?
4999 Mcrae Street is in the 211 - Cherrywood community of Niagara Falls. The nearest main intersection is Mcrae St / Victoria Ave. The postal code is L2E 1P2.
Is 4999 Mcrae Street still for sale?
Yes. It is an active listing (MLS® X13637840). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 4999 Mcrae Street asking?
Similar properties for sale nearby right now include 4591 Homewood Avenue at $579,000 (6 bed), 4865 ARMOURY Street at $579,000 (6 bed) and 5166 Morrison Street at $649,000 (5+2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 4999 Mcrae Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 4999 Mcrae Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 211 - Cherrywood, picked by style, size and price.
Triplex$579,0004591 Homewood Avenue, Niagara Falls6 bed · 3 bath · 211 - CherrywoodCourtesy of: REVEL Realty Inc., BrokerageView home →
Triplex$579,0004865 ARMOURY Street, Niagara Falls6 bed · 3 bath · 211 - CherrywoodCourtesy of: EXP REALTYView home →
Duplex$649,0005166 Morrison Street, Niagara Falls5+2 bed · 3 bath · 211 - CherrywoodCourtesy of: CENTURY 21 GREEN REALTY INC.View home →Courtesy of: CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.