5341 McRae Street N, Niagara Falls, ON L2E 1R3
211 - Cherrywood, Niagara Falls · Near Near Stanley Ave · View map
About this home
**Great value in Niagara Falls!** This charming **3-bedroom detached 2-storey home** sits on a generous **40' x 121.8' lot** and offers approximately **1,200 sq. ft. of above-grade living space**, with **4-car driveway parking** and a large backyard. Fresh and move-in ready, the home features **new flooring, fresh paint, new kitchen cabinets, and a beautifully updated second-floor bathroom**. **Most windows were replaced in 2026**, adding further value and peace of mind. Three spacious bedrooms plus a **walk-up attic** provide plenty of room for family living, storage, a home office, or hobbies. The **large backyard features an in-ground pool that requires TLC/repairs**, offering an opportunity to bring it back to life and create your own private summer retreat. Located just **steps from a bus stop** and close to Stanley Avenue, Highway 420, shopping, restaurants, schools, and everyday amenities. **Detached 40' x 121.8' Lot 4-Car Parking 2026 Window Updates New Flooring Updated Bathroom Large Backyard In-Ground Pool**. **At $429,000, this is an opportunity to own a detached home with a generous lot and plenty of potential. Book your showing today!**
The home
- Type
- 2-storey detached home
- Style
- 2 1/2 Storey
- Square footage
- 1100-1500 sq ft
- Bedrooms
- 3
- Basement bedrooms
- 1
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 7
- Basement
- Separate Entrance, Unfinished
- Lot size
- 40 x 121.8 ft
- Faces
- North
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Aluminum Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Driveway spaces
- 4
- Total parking
- 4
- Parking features
- Private
Taxes & other
- Property taxes
- $2,851/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Vacant, Immediate
- Cross street
- Near Stanley Ave
- Neighbourhood
- 211 - Cherrywood
More
- Price per sq ft
- ~$330 (at 1,300 sq ft)
- MLS® number
- X13820752
No matching details. Ask Will instead
The home and its surroundings
- Carpet Free
- 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.
5341 McRae Street, Niagara Falls, ON L2E 1R3
211 - Cherrywood, Niagara Falls · Near Near Stanley Ave
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Listing history for 5341 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 5341 McRae Street N
Answers come straight from this home’s MLS® listing.
How much is 5341 McRae Street N listed for, and what would it cost each month?
5341 McRae Street N is listed for $429,000. With 20% down ($85,800), the mortgage payment would be roughly $1,730 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,968 a month, all in. That figure is an illustration, not a quote.
Is 5341 McRae Street N freehold or a condo, and is there a monthly fee?
5341 McRae Street N 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 5341 McRae Street N have?
5341 McRae Street N has 3 bedrooms, plus 1 more bedroom in the basement, and 2 bathrooms. The listing gives the style as 2 1/2 storey.
Does 5341 McRae Street N have a garage and parking?
The listing does not show a garage. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.
Does 5341 McRae Street N have a finished basement?
The listing describes the basement as separate entrance, unfinished. 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 5341 McRae Street N?
5341 McRae Street N 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.
Does 5341 McRae Street N have a pool?
Yes. The listing shows on ground for the pool. Ask about its age, liner and equipment before you offer, since those are the costly parts to replace.
How big is 5341 McRae Street N, and what is the lot size?
The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 40 x 121.8 ft.
How is 5341 McRae Street N heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 5341 McRae Street N?
Property taxes are $2,851 a year (2026), or about $238 a month.
Where is 5341 McRae Street N?
5341 McRae Street N is in the 211 - Cherrywood community of Niagara Falls. The nearest main intersection is Near Stanley Ave. The postal code is L2E 1R3.
Is 5341 McRae Street N still for sale?
Yes. It is an active listing (MLS® X13820752). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 5341 McRae Street N asking?
Similar detached homes for sale nearby right now include 4960 Willmott Street at $424,900 (3 bed), 4911 Maple Street at $419,900 (3 bed) and 4576 Fourth Avenue at $419,900 (3+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 5341 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 5341 McRae Street N?
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$424,9004960 Willmott Street, Niagara Falls3 bed · 1 bath · 211 - CherrywoodCourtesy of: REVEL Realty Inc., BrokerageView home →
2-storey detached home$419,9004911 Maple Street, Niagara Falls3 bed · 2 bath · 211 - CherrywoodCourtesy of: ROYAL LEPAGE NRC REALTYView home →
2-storey detached home$419,9004576 Fourth Avenue, Niagara Falls3+1 bed · 3 bath · 211 - CherrywoodCourtesy of: EXP REALTYView home →Courtesy of: HOMELIFE TOP STAR REALTY INC.
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.