4975 Mcrae Street, Niagara Falls, Ontario L2E 1P2 (28607956)

4975 Mcrae Street Niagara Falls, Ontario L2E 1P2

7 Bedroom 4 Bathroom 1,500 - 2,000 ft2
Fireplace Radiant Heat

$749,000

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:50976)

Property Details

MLS® Number X12286064
Property Type Multi-family
Community Name 211 - Cherrywood
Amenities Near By Hospital, Park, Place Of Worship
Equipment Type Water Heater - Gas
Features In-law Suite
Parking Space Total 6
Rental Equipment Type Water Heater - Gas
Structure Porch
View Type View

Building

Bathroom Total 4
Bedrooms Above Ground 5
Bedrooms Below Ground 2
Bedrooms Total 7
Age 100+ Years
Amenities Fireplace(s), Separate Electricity Meters
Appliances Water Heater, Water Meter, Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Features Apartment In Basement, Separate Entrance
Basement Type N/a
Exterior Finish Brick, Vinyl Siding
Fire Protection Smoke Detectors
Fireplace Present Yes
Fireplace Total 1
Foundation Type Concrete
Heating Type Radiant Heat
Stories Total 2
Size Interior 1,500 - 2,000 Ft2
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Fence Type Fenced Yard
Land Amenities Hospital, Park, Place Of Worship
Sewer Sanitary Sewer
Size Depth 79 Ft
Size Frontage 55 Ft
Size Irregular 55 X 79 Ft
Size Total Text 55 X 79 Ft|under 1/2 Acre
Zoning Description R2

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/28607956/4975-mcrae-street-niagara-falls-cherrywood-211-cherrywood

Contact Us

Contact us for more information

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Deepak Arora
Salesperson

(416) 473-0908
www.homelifemiracle.com

Homelife/miracle Realty Ltd
22 Slan Avenue
Toronto, Ontario M1G 3B2

(416) 289-3000
(416) 289-3008

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