McRae St, Niagara Falls
Closing Date: August 6th, 2026*The Seller has the option to extend closing to September 3rd 2026 if notice is given by July 14th 2026*** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
- Fix & Flip: Complete a cosmetic renovation featuring junk removal, new drywall, fresh paint, new flooring, updated kitchen and bathrooms, and modern fixtures and finishes throughout. Consider finishing the basement to add usable living space, and improve curb appeal by refinishing the front porch and enhancing the landscaping.
Details
- Detached 2 Storey
- 3 Bedrooms
- 2 Bathrooms
- Full bathroom upstairs and full bathroom in the basement
- 1,390 sqft above ground & 685 sqft below grade
- Unfinished basement, approx. 6’9″ throughout & 6’3″ under the bulkhead
- Separate entrance to the basement at the back of the house
- Built in 1900
- 2 car detached garage
Mechanical & Systems
- Electrical: Fuses and copper/aluminum wiring
- Furnace: Owned, installed in 2006. In good working condition
- A/C: Owned, central air repaired in 2025
- HWT: Rental, fairly new, installed in the last 5 years as per seller
- Appliances included: Fridge, stove, washer, dryer in as-is condition
- Sump pump: In working condition, turns on occasionally
Roof & Exterior
- Roof: Dated, roof on the house and garage are nearing the end of their service life
- Windows: Front windows are wooden, the rest are sliding vinyl with screens, all over 20 years old
Lot & Location
- 40 ft x 121.4 ft
- Property taxes are approximately $2,603
- R2 Zoning
Important Notes
- Seller has the option to leave junk behind—budget recommended for junk removal
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| The Numbers
We are selling our assignable purchase contract for this excellent Fix & Flip or Wholetail opportunity.
- Wholesale Price: $289,999 or Best Offer
- We believe that this property should be worth at least $475,000 on the market after completing the recommended renovations!
Comparable Analysis |
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| 5086 Hutton Avenue sold for $450,000 in April 2026. This property is highly comparable to the subject, offering a similar 3-bedroom, 2-bathroom layout, unfinished basement, and a comparable 1,100–1,500 sqft footprint. While the comp sits on a 43 x 100 ft lot, while the subject benefits from a deeper 40 x 121.4 ft lot, a separate basement entrance, and a desirable 2-car detached garage, which the comp lacks. Both properties are dated overall, though the subject will require roof replacement. The subject property has the potential to achieve an even higher sale price than this comparable after undergoing a more modern renovation with quality finishes. After making the appropriate adjustments for size, condition, and lot characteristics, we believe the subject property would sell for at least $475,000 on the MLS after the recommended renovations are completed. |
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| 5121 Fourth Avenue sold for $460,000 in January 2026. This 1.5-storey property offers a similar 3-bedroom layout, an unfinished basement, and a comparable 1,100–1,500 sqft footprint. This comp has benefited from several renovations, including an updated kitchen, bathroom, and flooring, while the subject property remains in need of more substantial improvements. However, the subject offers a superior 2-bathroom layout, a separate basement entrance, and a 2-car detached garage, all of which enhance its appeal and functionality. After completing the recommended renovations, we believe the subject property would sell for at least $475,000 on the MLS. |
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