4999 Mcrae Street, Niagara Falls (Cherrywood), Ontario, L2E1P2




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$749,000
Niagara Falls
This multi-family property in Niagara Falls is for sale offering roughly 2,250 sq ft of space.
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. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 91 days on market, against an average age of 76 days across the listings currently for sale in this city
This 6-bed multi-family in Niagara Falls (Cherrywood) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $749,000, about 12.3× the local median household income of $60,800.
Carrying it typically needs a household income of about $146,306 (20% down, 25-yr amortization, stress-tested) — roughly 141% above the area median.
Source: Statistics Canada, 2021 Census (FSA L2E)
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Loading rates, 30-yr amortization
Cash Needed to Close
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