5020 Mcrae Street
Niagara Falls, ON
- 5 bed
- 3 bath
- approx. 1500-2000 sqft
- Detached
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.
Listing Details
- Taxes (2026)
- $4,022
- Originally Listed
- $639,900
- Listed
- October 5, 2026
Price History
Property
- Style
- 2 1/2 Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Auto Garage Door Remote, Storage, On Demand Water Heater
- Lot Size
- 35 x 120 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 2
- Total Parking
- 5
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Stanley Ave & McRae St
- Zoning
- R2
- Parcel Number
- 643410093
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- Automatic Garage Door Opener with 2 x Remotes, Fridge x 2, Gas Range, Electric Oven, Dishwasher, Washing Machine x 2, Clothes Dryer x 2, Microwave, all ELF's, & Existing Window Coverings.
- Exclusions
- Stand Up Freezer
- Rental Items
- Hot Water Tank
Schools
Elementary
- Valley Way Public School0.6 km
Public · DSB Niagara · 300 students
Grade 3 reading: 79% met the provincial standard · Grade 6 math: 40% met the provincial standard
- Simcoe Street Public School0.6 km
Public · DSB Niagara · 285 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 56% met the provincial standard
- St Patrick Catholic Elementary School1 km
Catholic · Niagara CDSB · 185 students
Grade 3 reading: 100% met the provincial standard
Secondary
- Stamford Collegiate1.9 km
Public · DSB Niagara · 805 students
Grade 10 literacy: 80% met the provincial standard
- Saint Paul Catholic High School3.4 km
Catholic · Niagara CDSB · 790 students
Grade 10 literacy: 84% met the provincial standard
- A N Myer Secondary School3.4 km
Public · DSB Niagara · 1155 students
Grade 10 literacy: 89% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L2E
- Population
- 18,587
- Private dwellings
- 9,017
- Median age
- 46.4
- Average household size
- 2.2
- Median household income
- $60,800
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Niagara Falls · last 12 months
- Median sold price
- $558,075
- Homes sold
- 1,070
- Median days on market
- 31
- Sale-to-list price
- 96.2%
Based on 1,070 recorded sales of residential freehold properties in Niagara Falls over the last 12 months.
Listed by
ROYAL LEPAGE NRC REALTY
Walk Score
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Location
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Mortgage Calculator
$116,000
Estimated Monthly Payment
$2,849
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
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Mortgage: $2,849/mo (20% down, 5.5%)
Taxes: $335/mo · Insurance: $145/mo
Estimates only. Consult a financial advisor.
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