5341 McRae St N is a 3-bedroom, 2-bathroom detached home in Niagara Falls, listed for $429,000. It has 1100-1500 sq ft of living space.
1Three spacious bedrooms plus a **walk-up attic** provide plenty of room for family living, storage, a home office, or hobbies.
2The **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.
**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!**
3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $390 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 5341 McRae St N
Every detail from the listing, in one place.
Type
Detached
Style
2 1/2 Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
4 spaces
Basement
Separate Entrance, Unfinished
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
Separate Entrance · Unfinished
Exterior & construction
Pool
Yes
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2 1/2 Storey
Property class
Detached
5341 McRae St N Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13820752$429,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5341 McRae St N Compares to the Niagara Falls Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,108
/mo
based on the purchase price of $429,000
$85,800 cash
$343,200 financed
$289,064 total interest
Principal54%$343,200
Interest46%$289,064
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Niagara Falls
Other 2–3 bed homes for sale in Niagara Falls around $429K.
Average days on market45Homes sold in about 45 days on average.
Sale-to-list ratio96.5%On average, homes sold below asking.
Active listings698Homes for sale here right now.
Median vs prior 90 days+4.8%Compared with May 14 – Aug 12, 2026: prices up.
Based on 452 sales from Aug 12 – Nov 10, 2026 (299 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
5341 McRae St N is listed at $429,000 (MLS® X13820752). Summitly updates the price as soon as the MLS® record changes.
Is $429,000 a good price for 5341 McRae St N?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Niagara Falls. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 5341 McRae St N changed?
No — 5341 McRae St N is still listed at its original asking price of $429,000.
How many bedrooms and bathrooms does 5341 McRae St N have?
5341 McRae St N has 3 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Niagara Falls.
Is 5341 McRae St N close to transit?
The nearest rapid-transit station is Niagara Falls GO Station (Lakeshore West GO), about 1.9 km (about a 24-minute walk) in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 5341 McRae St N?
About $2,108 a month — principal and interest on $429,000 with 20% down ($85,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 5341 McRae St N compare with other homes in Niagara Falls?
Its asking price of $429,000 is about 25% below the median sold price in Niagara Falls over the last 90 days, $571,250, across 452 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 5341 McRae St N been sold before?
Summitly has no earlier MLS® sale or lease of 5341 McRae St N on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5341 McRae St N?
5341 McRae St N is in Niagara Falls, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5341 McRae St N been on the market?
48 days — 5341 McRae St N was listed on September 23, 2026.
What is the price per square foot of 5341 McRae St N?
About $286 to $390 per square foot: the asking price of $429,000 over the 1,100–1,500 sq ft the listing gives as its size range.
