5681 Morse Avenue, Niagara Falls

Price: $500,000

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13175100

A summer get-a-way in your own backyard! A 34 foot multi-level deck overlooks the large backyard and comes with a gazebo dining area, a sun-shade covered living room and a separate breakfast deck. And inside this home is just as pleasing. The open concept main level is carpet-free and offers a modern kitchen with breakfast island, full dining room with patio doors to the separate morning coffee deck, and a living room with large sunny window and gas fireplace with brick surround. This level is accented with a dynamic shiplap ceiling for a very special affect. The main bath is updated and there are two generous bedrooms on the second floor, both have hardwood flooring, The lower level has a generous family room which is now used as a combination bedroom and family room. There is newer carpeting here and a portable electric fireplace. The large 3-piece bath and finished laundry room complete this level and compliment a modern lifestyle. The eavestrough gutter-guard system is jus one of the added bonuses. This home has been loving cared for and is now ready for you and your family in this friendly neghbourhood close to a park and all amenities you could require.

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$500,000 - 5681 Morse Avenue, Niagara Falls

Detached for Sale in Niagara Falls

3Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13175100
Property Type
Detached
Status
active
Days on Site
23
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Niagara Falls
Listing Brokerage
ROYAL LEPAGE NRC REALTY
Description

A summer get-a-way in your own backyard! A 34 foot multi-level deck overlooks the large backyard and comes with a gazebo dining area, a sun-shade covered living room and a separate breakfast deck. And inside this home is just as pleasing. The open concept main level is carpet-free and offers a modern kitchen with breakfast island, full dining room with patio doors to the separate morning coffee deck, and a living room with large sunny window and gas fireplace with brick surround. This level is accented with a dynamic shiplap ceiling for a very special affect. The main bath is updated and there are two generous bedrooms on the second floor, both have hardwood flooring, The lower level has a generous family room which is now used as a combination bedroom and family room. There is newer carpeting here and a portable electric fireplace. The large 3-piece bath and finished laundry room complete this level and compliment a modern lifestyle. The eavestrough gutter-guard system is jus one of the added bonuses. This home has been loving cared for and is now ready for you and your family in this friendly neghbourhood close to a park and all amenities you could require.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,565.26/mo

Includes CMHC insurance ($13,950)

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5-yr fixed avg.

Principal: $450,000Interest: $305,628
Mortgage Amount$463,950
Total Interest$305,628
Est. Property Tax$354/mo
Total Cost$769,578

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: Niagara Falls

Discover Niagara Falls

Niagara Falls 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 Niagara Falls

  • 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

Niagara Falls 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
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
5.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$2,342

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 $714/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 23 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.

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.

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 | $500,000 | Battaglia Team