5020 Mcrae Street, Niagara Falls, ON L2E 1P3
211 - Cherrywood, Niagara Falls · Near Stanley Ave & McRae St · View map
About this home
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.
The home
- Type
- 2-storey detached home
- Style
- 2 1/2 Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 4
- Basement bedrooms
- 1
- Bathrooms
- 3
- Kitchens
- 2
- Rooms
- 14
- Basement
- Finished, Separate Entrance
- Lot size
- 35 x 120 ft
- Faces
- North
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Garage
- Attached
- Garage spaces
- 2
- Driveway spaces
- 3
- Total parking
- 5
Taxes & other
- Property taxes
- $4,022/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- Flexible
- Cross street
- Stanley Ave & McRae St
- Neighbourhood
- 211 - Cherrywood
More
- Price per sq ft
- ~$343 (at 1,750 sq ft)
- MLS® number
- X13869272
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The home and its surroundings
- Auto Garage Door Remote
- Storage
- Fenced Yard
- Hospital
- Place Of Worship
- Park
- School Bus Route
- Public Transit
- Porch
- Year Round Living
- 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.
5020 Mcrae Street, Niagara Falls, ON L2E 1P3
211 - Cherrywood, Niagara Falls · Near Stanley Ave & McRae St
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Listing history for 5020 Mcrae Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 5020 Mcrae Street
Answers come straight from this home’s MLS® listing.
How much is 5020 Mcrae Street listed for, and what would it cost each month?
5020 Mcrae Street is listed for $599,999. With 20% down ($120,000), the mortgage payment would be roughly $2,420 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,755 a month, all in. That figure is an illustration, not a quote.
Is 5020 Mcrae Street freehold or a condo, and is there a monthly fee?
5020 Mcrae Street is a 2-storey detached home 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 5020 Mcrae Street have?
5020 Mcrae Street has 4 bedrooms, plus 1 more bedroom in the basement, and 3 bathrooms. The listing gives the style as 2 1/2 storey.
Does 5020 Mcrae Street have a garage and parking?
Yes. The listing shows the garage as attached, with room for 2 cars. The driveway adds 3 spaces. In total the listing counts 5 parking spaces.
Does 5020 Mcrae Street have a finished basement?
The listing describes the basement as finished, separate entrance. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 5020 Mcrae Street?
5020 Mcrae Street is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.
How big is 5020 Mcrae Street, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 35 x 120 ft.
How is 5020 Mcrae Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 5020 Mcrae Street?
Property taxes are $4,022 a year (2026), or about $335 a month.
Where is 5020 Mcrae Street?
5020 Mcrae Street is in the 211 - Cherrywood community of Niagara Falls. The nearest main intersection is Stanley Ave & McRae St. The postal code is L2E 1P3.
Is 5020 Mcrae Street still for sale?
Yes. It is an active listing (MLS® X13869272). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 5020 Mcrae Street asking?
Similar detached homes for sale nearby right now include 5341 McRae Street N at $429,000 (3+1 bed), 5285 THIRD Avenue at $499,900 (4 bed) and 5128 Willmott Street at $439,000 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 5020 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 5020 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 detached homes nearby
More detached homes for sale near 211 - Cherrywood, picked by style, size and price.
2-storey detached home$429,0005341 McRae Street N, Niagara Falls3+1 bed · 2 bath · 211 - CherrywoodCourtesy of: HOMELIFE TOP STAR REALTY INC.View home →
2-storey detached home$499,9005285 THIRD Avenue, Niagara Falls4 bed · 2 bath · 211 - CherrywoodCourtesy of: BOLDT REALTY INC., BROKERAGEView home →
2-storey detached home$439,0005128 Willmott Street, Niagara Falls4 bed · 3 bath · 211 - CherrywoodCourtesy of: MICHAEL ST.JEAN REALTY INC.View home →Courtesy of: ROYAL LEPAGE NRC REALTY
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.