4975 MCRAE STREET, Niagara Falls (cherrywood), ON L2E1P2
4975 MCRAE STREET, Niagara Falls (cherrywood), ON L2E1P2
4975 MCRAE STREET, Niagara Falls (cherrywood), ON L2E1P2
4975 MCRAE STREET, Niagara Falls (cherrywood), ON L2E1P2
4975 MCRAE STREET, Niagara Falls (cherrywood), ON L2E1P2
4975 MCRAE STREET, Niagara Falls (cherrywood), ON L2E1P2
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Tony & Ledi Real Estate Team

Tony & Ledi Real Estate Team

+1(647) 493-3579
$ 699,000
Est. payment | /mo

10 Beds

4 Baths

1,500 SqFt


Save
$ 699,000
Est. payment | /mo
Save

10 Beds

4 Baths

1,500 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500 - 2000

Square Footage 1,500 sqft

Price per Sqft $466

Subdivision 211 - Cherrywood

MLS® Listing ID X13448642

Bedrooms 10

Property Description

Welcome to this stunning, non-conforming, move-in ready Multiplex (four units with three separate, above grade, independent units and one finished basement unit) having potential rental income of $53,700 per annum from above grade units (U1, U2, U3) and stay in the beautifully finished 2 bedroom basement for free. This house is completely renovated, freshly painted with many new appliances. It is in great location with minutes from downtown core, tourist attractions and GO Station. MAINFLOOR UNIT-THE LARGEST VACANT PERFECT OPPORTUNITY TO MOVE IN OR RE-RENT TO TENANT OF YOUR CHOICE! 1693 sqft brick and vinyl siding Two-storey, very well maintained property. 3 bedroom main floor apartment offers a spacious rental w/exclusive space of huge covered front porch. Main floor unit could easily rent for approximately $2300 per month (all inclusive). Upper VACANT 1 bedroom at the back is an adorable loft apartment w/gas fireplace, brand new vinyl flooring and completely renovated within the last few years with previous tenant paying $1300 (all inclusive). Upper bachelor apartment paying $875 (all inclusive). Many big ticket items completed: Rear stairs rebuilt, electrical updated, sump pump w/reverse flow valve and backup installed 2020, rear fence 2019, poured concrete walkway added, porch rebuilt 2019, most windows replaced 2019, front wall and half of each side of basement walls waterproofed w/ lifetime warranty 2019, main stack replaced 2018, main floor apartment: newer stairs carpet, newer vinyl flooring, newer dishwasher and fridge, updated bathroom, freshly painted, most LED fixtures changed throughout. Two driveways (a single and a double) offers plenty of tenant parking. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Radiant heat

Cooling None

Fireplaces Number 1

Exterior

Parking Features No

Fence Fenced yard

View Y/N Yes

View View

Attached Garage No

Total Parking Spaces 6

Garage No

Private Pool No

Building

Story 2

Sewer Sanitary sewer

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Listed by HOMELIFE/MIRACLE REALTY LTD

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4975 MCRAE STREET