For SaleDetached · 2 1/2 StoreyMLS® #X13869272 · TRREB MLS®
5020 Mcrae St, Niagara Falls, Ontario
Cherrywood, Niagara Falls, Ontario L2E 1P3
- Bedrooms
- 4+1
- Lot Size
- 35 x 120 ft
- Bathrooms
- 3
- Type
- Detached
- Basement
- Finished
$579,999
Estimated market value
About 5020 Mcrae St
5020 Mcrae St is a 4+1-bedroom, 3-bathroom detached house in Cherrywood, Niagara Falls, listed for sale at an asking price of $579,999 (MLS® X13869272).
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.
Insights
Condition Score
Good2 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Covers costs+$218/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 5 homes with 5 bedrooms for lease in Niagara Falls right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $4,022 / 2026
- MLS® number
- X13869272
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 35 x 120 ft
- Listed on
- Parking
- 2 Attached, 5 Parking
Listing history
Buy/sell history for 5020 Mcrae St, Niagara Falls, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $579,999 | N/A | Pc | X13869272 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.
Property details
Property
- Property Type
- Detached
- Style
- 2 1/2 Storey
- Community
- Cherrywood
- Municipality
- Niagara Falls
Building
- Size
- 1500-2000 sqft
- Construction
- Brick
Inside
- Bedrooms
- 4+1
- Bathrooms
- 3
- Bathroom Details
- 1 × 3pc Bsmt, 1 × 2pc Ground, 1 × 4pc 2nd
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 3
- Total Parking
- 5
Utilities
- Water
- Municipal
- Cooling
- Central Air, Other
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 35 ft
- Depth
- 120 ft
- Lot Size
- 35 x 120 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Automatic Garage Door Opener with 2 x Remotes, Fridge x 2, Gas Range, Electric Oven, Dishwasher, Washing Machine x 2, Clothes Dryer x 2, Microwave, all ELF's, & Existing Window Coverings.
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Map and tour
Detached homes for sale in Cherrywood right now
- For sale now
- 32
- Median asking price
- $464K
- New in 7 days
- 6
- Price cuts
- 44%
Middle half: $400K to $578K
10 in 28 days
14 listings
This home is asking 25% above the median, higher than three quarters of them.
See all homes in CherrywoodAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Land transfer tax on this home
- Ontario land transfer tax
- $8,075
- Total land transfer tax
- $8,075
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $4,075
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $579,999
- $3,600
- Ontario total
- $8,075
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m250 m
Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Post Foods Canada — Post Foods Niagara Falls, 540 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Niagara Peninsula Energy Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Last Mile Wireless Internet, NWIC, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Niagara Peninsula Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Valley Way Public SchoolDSB Niagara | Public · grades JK–8 | 600 m | 63%Grade 6 average |
| Simcoe Street Public SchoolDSB Niagara | Public · grades JK–8 | 600 m | 80%Grade 6 average |
| St Patrick Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 1 km | 97%Grade 3 average |
| ÉÉC Saint-AntoineConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 1.7 km | 53%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Stamford CollegiateDSB Niagara | Public · grades 9–12 | 1.9 km | 62%Grade 9 math |
| A N Myer Secondary SchoolDSB Niagara | Public · grades 9–12 · French Immersion | 3.4 km | 74%Grade 9 math |
| Saint Paul Catholic High SchoolNiagara CDSB | Catholic · grades 9–12 · French Immersion | 3.4 km | 81%Grade 9 math |
| Westlane Secondary SchoolDSB Niagara | Public · grades 9–12 | 4.6 km | 66%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Niagara Falls GO | GO Transit train: Lakeshore West | 1.6 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Lot
- Lot area
- 4,200 sq ft390 m²
- Street frontage
- 35 ft10.7 m
- Depth
- 120 ft36.6 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $116,000
- Total mortgage amount
- $463,999
- Total interest payment
- $330,101
- Total purchase cost
- $910,100
- Mortgage payment
- $2,647/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
13%Monthly carrying cost
$2,982- Carrying cost $2,982
- Surplus $218
Rental income opens at $3,200, the median asking rent of 5 comparable homes for lease in Niagara Falls. Type over it with the rent you expect. This is a planning tool, not advice.
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