Unknown for 5200 Mcrae St, Niagara Falls Ontario L2E 1P8

5200 Mcrae St, Niagara Falls, Ontario L2E 1P8

Detached
4
2
~1100-1500 sqft
$494,900
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Detached
4
2
~1100-1500 sqft

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Highlights

Property Estimate

Total days on market
41 days

Estimated valueNot available

Price/Sqft$389/sqft

Monthly cost

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Description

Priced Below Current Appraised Value for Quick Sale! This freshly painted 2-storey home in Niagara Falls delivers unbeatable value under $500,000 with 3+1 bedrooms, 2 full baths, and 2 kitchens, perfect for first-time buyers, multigenerational living, or savvy investors. Functional Basement: Yes, the basement ceilings are approximately 6 ft, but don't let that stop you! This level offers fantastic functionality with its own kitchen, full bathroom, bedroom, laundry, and separate entrance. It's ideal for a growing teenager's private space, an in-law suite, guest accommodations, or even a rental unit, giving you true dual-income potential. Upstairs, enjoy sun-filled living and dining separate areas with a beautiful bay window and a quartz kitchen equipped with 2025 stainless steel appliances. The large lot gives you room to breathe, with a freshly paved driveway (2025) that fits multiple cars, a covered back deck for entertaining, and a shed for storage. Just minutes from Clifton Hill, Niagara Falls University, parks, shopping, and major highways with hourly GO Train service on the way, this home is a smart buy for anyone looking for space, location, and lifestyle. Move in and start making memories or start generating rental income right away!


Property Details

Style2-Storey
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size4,800 SqFt(120 x 40)
Parking Spaces3
MLS ®NumberX12398738
Community NameElgin
Data SourceTRREB
Listing byCOSMOPOLITAN REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Sep Entrance, Finished

Main Floor

Living

3.96 x 3.66

Dining

3.66 x 3.3

Kitchen

3.66 x 3.05


Features

Lot size: 4,800 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property listed by COSMOPOLITAN REALTY, Brokerage
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Market Data - Elgin

Geo Zone Map ThumbnailElgin

Strong Buyer's Market

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Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

48 days

Compared to

2024

41 days

2023

29 days

2022

37 days

New Listings

Past 30 days

29 listings

Compared to

2024

33 listings

2023

50 listings

2022

24 listings

Units sold

Past 30 days

14 units

Compared to

2024

7 units

2023

17 units

2022

12 units

Median Sold Price

Past 30 days

$442,500

Compared to

2024

$480,000

2023

$558,000

2022

$496,125


Population and Demographics

Overview

Total population 9664
Average household income $80,133

Age (%)

0 to 19
17%
20 to 34
20%
35 to 49
18%
50 to 64
23%
65 and plus
22%

Household composition (%)

Single family
49%
Single person
43%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
86%
Others
6%
Italian
3%
French
2%
Spanish
2%

House tenancy (%)

Owners
54%
Renters
46%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget