5267 MCRAE St

FOR SALE
$619,900
5267 MCRAE St, Niagara Falls
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
5267 MCRAE St
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4 + 1
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
11 + 5
ROOMS
X10413889
MLSID
Contact Us
Property Description
Investment Opportunity in Niagara Falls! This 3-unit multi-residential property is walking distance to the Clifton Hill tourist district. This renovated duplex with an in-law suite features a main floor 2-bedroom unit, another 2-bedroom unit on the second floor, and a cozy 1-bedroom unit in the basement. There's shared laundry in the lower level and ample parking, including a double detached garage. Conveniently located near transportation, the Go station, and highways- ideal for investors or live in one unit while tenants pay your mortgage.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-24 2024-11-21 150 $619,900 - Expired
2024-04-08 2024-06-24 77 $649,900 - Terminated
2023-10-19 2024-01-31 105 $675,000 - Expired
Property Details
Street
Property Type
Detached, 2-Storey
Lot Size
40' x 123'
Acreage
< .50
Taxes
$2,890 (2023)
Basement
Sep Entrance, W/O
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
6
Driveway
Other
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
OtherMain9.58' x 14.50'
LivingMain11.09' x 14.07'
Prim BdrmMain11.52' x 11.75'
BrMain7.09' x 14.57'
Kitchen2nd8.01' x 8.60'
Dining2nd8.07' x 8.60'
Living2nd9.58' x 8.60'
Prim Bdrm2nd8.60' x 12.07'
Br2nd8.50' x 9.25'
LivingBsmt11.25' x 12.07'
OtherBsmt8.60' x 12.76'
BrBsmt4.99' x 10.66'
Niagara Falls Market Statistics
Niagara Falls Price Trend
5267 MCRAE St is a 4-bedroom 3-bathroom home listed for sale at $619,900, which is $9,666 (1.6%) higher than the average sold price of $610,234 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 4 bedroom home in Niagara Falls declined by $98,134 (13.9%) compared to the previous 30 day period (October 22 - November 20) and down $214,766 (26.0%) from the same time one year ago.
Inventory Change
There were 24 4-bedroom homes listed in Niagara Falls over the last 30 days (November 21 - December 20), which is down 36.8% compared with the previous 30 day period (October 22 - November 20) and down 7.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Niagara Falls typically sold ($12,846) (2.1%) below asking price over the last 30 days (November 21 - December 20), which represents a $5,681 increase compared to the previous 30 day period (October 22 - November 20) and ($29,900) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Niagara Falls over the last 30 days (November 21 - December 20) stood at 283.3%, down from 834.2% over the previous 30 days (October 22 - November 20) and up from 26.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Niagara Falls stood at 45 days when successfully sold over the last 30 days (November 21 - December 20), compared to 86 days before being removed from the market upon being suspended or terminated.
Listing contracted with Revel Realty Inc., Brokerage
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