$545,000 - 7992 Peter Street, Niagara Falls
Detached for Sale in Niagara Falls
Neighbourhood: 223 - Chippawa
- MLS Number
- X13602648
- Property Type
- Detached
- Status
- active
- Days on Site
- 30
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Niagara Falls
- Listing Brokerage
- ROYAL LEPAGE NRC REALTY
Comfort, connection, and room to enjoy every season come together in this beautifully updated home tucked away on a quiet street in Chippawa. Step inside to an open-concept main floor where the living and dining areas flow effortlessly into the spacious custom kitchen, creating a natural gathering place for everyday life and entertaining alike. Quartz countertops, a subway tile backsplash, stainless steel appliances, and a large centre island with seating provide both style and practicality, while the thoughtful layout keeps everyone connected. Just beyond the main living space, you'll find a main floor bedroom and a beautifully updated 4-piece bathroom. Upstairs, two additional bedrooms provide comfortable accommodations, along with excellent storage. The unfinished basement adds even more opportunity, featuring laundry, generous storage space, and existing plumbing for a future bathroom should your needs evolve. When it's time to enjoy the outdoors, the backyard is ready for it all. Step directly from the kitchen onto the spacious deck, complete with a pergola-covered seating area and space for the barbecue, before making your way to the above-ground pool and fully fenced yard. Whether you're hosting friends, watching kids or pets play, or simply unwinding after a long day, this private outdoor space is designed to be enjoyed throughout the warmer months. A detached single-car garage and long driveway provide parking for multiple vehicles. Set on a quiet street in the heart of Chippawa, you'll enjoy being just minutes from the scenic Welland River, parks, walking trails, local shops, schools, restaurants, and quick highway access, while remaining close to all of Niagara Falls' amenities and attractions. Move in, make yourself at home, and start creating memories in a community that so many are proud to call home.
Estimate your monthly payments for this property
Estimated Payment
$2,796.13/mo
Includes CMHC insurance ($15,206)
5-yr fixed avg.
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.
Discover 223 - Chippawa
223 - Chippawa 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 223 - Chippawa
- •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
223 - Chippawa 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.
7992 Peter Street, Niagara Falls
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $495/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 30 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 223 - Chippawa
I know 223 - Chippawa 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 $2,271 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.