$2,399/mo - 4992 Mcrae Street Unit A, Niagara Falls
Detached for Rent in Niagara Falls
108 days on market- MLS Number
- X12487751
- Property Type
- Detached
- Status
- active
- Days on Site
- 108
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Niagara Falls
- Lot Size
- 4,800 sqft
- Listing Brokerage
- RE/MAX NIAGARA REALTY LTD, BROKERAGE
Welcome to 4992 McRae Street Unit A. This Newly Renovated 3 Bedroom 3 Bath Unit located on the 2 nd &3 rd floors of the building. This Beautiful Unit has a Stacked Townhouse Feel with 2 Private Separate Entrances, 2 Parking Spots on site, New Premium Heat Pump ; AC System with 4 Mini-Split Heads, New In-Unit Laundry, Private Fenced Backyard, Premium European Windows, Private Hot Water Tank. Large Kitchen with Abundant Cabinet Pantry Space, Beautiful Tile Counter-tops & Island. New Extra Large Fridge, New Dishwasher, Large Stove. Built In Entry Closet. 3 Piece Bathroom in common area. Extra Large Master Bedroom with Row Of Closets & Private 3 Piece Bathroom. 2 nd Bedroom with Abundant Built In Closet Space. Extra Large Upper Loft complete with Powder Room. This Unit is also Minutes from the Attractions of Niagara Falls yet located far enough away to enjoy the tranquility of a quiet street.
Discover Niagara Falls
Niagara Falls is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Niagara Falls
- •Convenient location in Niagara Falls
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Niagara Falls offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
4992 Mcrae Street Unit A, Niagara Falls
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Rent
At $2,399/mo, this is priced below the typical 3-bedroom rent of ~$3,500/mo in Niagara Falls. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Negotiation Opportunity
At 108 days on site, this property has exceeded the typical selling timeline for Niagara Falls. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Niagara Falls are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.