5341 McRae Street N
211 - Cherrywood, Niagara Falls
$475,000
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!
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $2,851 |
| Lot Size | 40 ft x 121.8 ft |
| mls© Number | X13687834 |
| Listed By | HOMELIFE TOP STAR REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,431
- Property tax
- $238
- Heat allowance
- $150
- Housing costs
- $2,819 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$87,000
gross annual household income
- Payment at 4%
- $1,999 / mo
- Cash down
- $95,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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