5681 Morse Avenue, Niagara Falls

Price: $490,000

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13561284

Remarkable summer get-a-way in your own backyard! A 34 foot multi-level deck overlooks the large backyard with a gazebo dining area, sun-shaded outdoor dining area, and separate breakfast deck. Inside this home is just as pleasing. Open concept main level is carpet free with modern kitchen with breakfast island, full dining room with patio doors to separate morning coffee deck and a living room with large sunny window and gas fireplace with brick surround. This level is accented by a dynamic shiplap ceiling for a very special effect. The main bath is updated and there are two generous bedrooms on the second level, both with hardwood flooring. The lower level has a generous family room which is now used as a bedroom/family room combination. There is newer carpeting here and a portable electric fireplace. The large 3 piece bathroom and finished laundry room complete this level. The eavestrough gutter-guard system is an added bonus feature. This home has been lovingly cared for and is ready for you and your family. Offering a modern lifestyle in a friendly neighbourhood and close to a park and all the amenities you could require.

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$490,000 - 5681 Morse Avenue, Niagara Falls

Detached for Sale in Niagara Falls

41 days on market

Neighbourhood: 215 - Hospital

2Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13561284
Property Type
Detached
Status
active
Days on Site
41
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Niagara Falls
Listing Brokerage
ROYAL LEPAGE NRC REALTY
Description

Remarkable summer get-a-way in your own backyard! A 34 foot multi-level deck overlooks the large backyard with a gazebo dining area, sun-shaded outdoor dining area, and separate breakfast deck. Inside this home is just as pleasing. Open concept main level is carpet free with modern kitchen with breakfast island, full dining room with patio doors to separate morning coffee deck and a living room with large sunny window and gas fireplace with brick surround. This level is accented by a dynamic shiplap ceiling for a very special effect. The main bath is updated and there are two generous bedrooms on the second level, both with hardwood flooring. The lower level has a generous family room which is now used as a bedroom/family room combination. There is newer carpeting here and a portable electric fireplace. The large 3 piece bathroom and finished laundry room complete this level. The eavestrough gutter-guard system is an added bonus feature. This home has been lovingly cared for and is ready for you and your family. Offering a modern lifestyle in a friendly neighbourhood and close to a park and all the amenities you could require.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,513.95/mo

Includes CMHC insurance ($13,671)

$
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5-yr fixed avg.

Principal: $441,000Interest: $299,515
Mortgage Amount$454,671
Total Interest$299,515
Est. Property Tax$347/mo
Total Cost$754,186

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: 215 - Hospital

Discover 215 - Hospital

215 - Hospital 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 215 - Hospital

  • 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

215 - Hospital 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

5681 Morse Avenue, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
4.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$347
Insurance (est.)-$102
Net Cash Flow+$1,951

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 $700/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 41 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About 215 - Hospital

I know 215 - Hospital 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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    5681 Morse Avenue, Niagara Falls | $490,000 | Battaglia Team