5004 Pettit Avenue, Niagara Falls

Price: $765,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13631590

Welcome to 5004 Pettit Avenue in the heart of Niagara Falls! Nestled on a beautiful tree-lined street with quiet, respectful neighbours, this meticulously maintained 3-bedroom, 2-bathroom home offers the perfect blend of comfort, quality, and convenience. Backing directly onto a park with the Millennium Trail just steps away at the end of the street, this location is ideal for families, outdoor enthusiasts, and anyone who appreciates a peaceful setting. Inside, you'll find two full kitchens, making this home an excellent option for multi-generational living, extended family, or added flexibility. The stunning main-floor kitchen was completely renovated in 2022 and has only been used three times, featuring premium appliances, including a convenient drawer microwave.This move-in-ready home has been extensively updated from top to bottom, giving buyers peace of mind for years to come. Recent improvements include a high-efficiency furnace, central air conditioning, owned hot water tank, gas fireplace with beautiful stacked stone surround, all but 4 windows (2022), attic insulation (2022), all newer interior and exterior doors, trim and baseboards, updated lighting throughout, pot lights, fresh paint, and new flooring in the kitchen, bedrooms, foyer, and recreation room. Outside, enjoy a fully fenced backyard with low-maintenance perennial gardens, two storage sheds, a spacious 22.4' x 11.9' garage with new door and opener, flake epoxy garage floor (2026). The front porch, back patio and sidewalk finished with durable quartz epoxy (2026),, and a driveway resealed in both 2025 and 2026. This is a rare opportunity to own a beautifully updated home in one of Niagara Falls' most desirable neighbourhoods-simply move in and enjoy because there is nothing to upgrade!

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$765,000 - 5004 Pettit Avenue, Niagara Falls

Detached for Sale in Niagara Falls

Neighbourhood: 212 - Morrison

3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13631590
Property Type
Detached
Status
active
Days on Site
20
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Niagara Falls
Listing Brokerage
COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
Description

Welcome to 5004 Pettit Avenue in the heart of Niagara Falls! Nestled on a beautiful tree-lined street with quiet, respectful neighbours, this meticulously maintained 3-bedroom, 2-bathroom home offers the perfect blend of comfort, quality, and convenience. Backing directly onto a park with the Millennium Trail just steps away at the end of the street, this location is ideal for families, outdoor enthusiasts, and anyone who appreciates a peaceful setting. Inside, you'll find two full kitchens, making this home an excellent option for multi-generational living, extended family, or added flexibility. The stunning main-floor kitchen was completely renovated in 2022 and has only been used three times, featuring premium appliances, including a convenient drawer microwave.This move-in-ready home has been extensively updated from top to bottom, giving buyers peace of mind for years to come. Recent improvements include a high-efficiency furnace, central air conditioning, owned hot water tank, gas fireplace with beautiful stacked stone surround, all but 4 windows (2022), attic insulation (2022), all newer interior and exterior doors, trim and baseboards, updated lighting throughout, pot lights, fresh paint, and new flooring in the kitchen, bedrooms, foyer, and recreation room. Outside, enjoy a fully fenced backyard with low-maintenance perennial gardens, two storage sheds, a spacious 22.4' x 11.9' garage with new door and opener, flake epoxy garage floor (2026). The front porch, back patio and sidewalk finished with durable quartz epoxy (2026),, and a driveway resealed in both 2025 and 2026. This is a rare opportunity to own a beautifully updated home in one of Niagara Falls' most desirable neighbourhoods-simply move in and enjoy because there is nothing to upgrade!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,924.85/mo

Includes CMHC insurance ($21,344)

$
$
5%10%50%

5-yr fixed avg.

Principal: $688,500Interest: $467,610
Mortgage Amount$709,844
Total Interest$467,610
Est. Property Tax$542/mo
Total Cost$1,177,454

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

5004 Pettit Avenue, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$542
Insurance (est.)-$159
Net Cash Flow+$2,099

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 $695/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 20 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.

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.

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.

Investment Perspective

Looking at this as an investment: Niagara Falls properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,188 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    5004 Pettit Avenue, Niagara Falls | $765,000 | Battaglia Team