4839 Pettit Avenue, Niagara Falls

Price: $569,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: X13804426

Former model home with plenty of upgrades throughout! Freehold 2 storey town home with modern contemporary exterior located at the Cannery District. A new master planned community connected to everything Niagara Falls has to offer and more. Enjoy a short walk to shopping, boutiques, restaurants or a scenic bike ride to Niagara-on-the-Lake, estate wineries, theatres, museums and attractions. Spacious and bright interior featuring 1600 sq. ft., 3 beds plus loft area, 2.5 baths, 9' ceilings on ground floor, man door from garage, hardwood flooring, satin nickel finish door levers, oak stairs and spindles and quality ceramic tile floors. Cambridge style 2-panel smooth doors with contemporary casing and baseboards. Upgraded cabinets, counter tops, pot lights, ensuite washroom, fridge, stove, built-in dishwasher, air conditioner, and 3 pc bath rough-in. **$569,000 + HST (less applicable New Housing Rebates assigned to Builder). Buyer must qualify for rebate and agree to assign same to Builder; otherwise, Buyer shall pay the rebate amount to the Builder in addition to the purchase price. Subject to adjustments for any changes in HST legislation.**

4839 Pettit Avenue - Townhouse photo 1 of 12 in Niagara Falls, Ontario
4839 Pettit Avenue - Townhouse photo 2 of 12 in Niagara Falls, Ontario
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$569,000 - 4839 Pettit Avenue, Niagara Falls

Townhouse for Sale in Niagara Falls

Neighbourhood: 212 - Morrison

3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse

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Property Details
MLS Number
X13804426
Property Type
Townhouse
Status
active
Days on Site
19
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Niagara Falls
Listing Brokerage
ROYAL LEPAGE NRC REALTY
Description

Former model home with plenty of upgrades throughout! Freehold 2 storey town home with modern contemporary exterior located at the Cannery District. A new master planned community connected to everything Niagara Falls has to offer and more. Enjoy a short walk to shopping, boutiques, restaurants or a scenic bike ride to Niagara-on-the-Lake, estate wineries, theatres, museums and attractions. Spacious and bright interior featuring 1600 sq. ft., 3 beds plus loft area, 2.5 baths, 9' ceilings on ground floor, man door from garage, hardwood flooring, satin nickel finish door levers, oak stairs and spindles and quality ceramic tile floors. Cambridge style 2-panel smooth doors with contemporary casing and baseboards. Upgraded cabinets, counter tops, pot lights, ensuite washroom, fridge, stove, built-in dishwasher, air conditioner, and 3 pc bath rough-in. **$569,000 + HST (less applicable New Housing Rebates assigned to Builder). Buyer must qualify for rebate and agree to assign same to Builder; otherwise, Buyer shall pay the rebate amount to the Builder in addition to the purchase price. Subject to adjustments for any changes in HST legislation.**

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,919.26/mo

Includes CMHC insurance ($15,875)

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5-yr fixed avg.

Principal: $512,100Interest: $347,804
Mortgage Amount$527,975
Total Interest$347,804
Est. Property Tax$403/mo
Total Cost$875,779

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: 212 - Morrison

Discover 212 - Morrison

212 - Morrison 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 212 - Morrison

  • •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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

212 - Morrison 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.

70
Walk Score
Varies
Price Range

4839 Pettit Avenue, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$403
Insurance (est.)-$119
Net Cash Flow+$2,208

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $379/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 19 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Niagara Falls have shown strong appreciation as families seek more space.

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.

About 212 - Morrison

I know 212 - Morrison well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    4839 Pettit Avenue, Niagara Falls | $569,000 | Battaglia Team