7438 Petrullo Court, Niagara Falls

Price: $699,995

5 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13424256

Beautiful family home located on a quiet crescent, minutes to QEW with five bedrooms! Welcoming foyer with access to backyard oasis, garage and stairs leading to upper and lower levels. Spacious main floor living with formal living and dining room with hardwood flooring and pot lights. Strategically placed Solatube skylights in living room and bathroom for additional brightness! Updated eat-in kitchen with granite countertops, and state-of-the-art appliances. Three bedrooms on the main floor, all with hardwood flooring and spacious family bath. Primary bedroom has ample closet space and overlooks the private backyard. Down the stairs to a relaxing family room, ideal for movie nights or lounging around the fireplace on a cold night. Two more large bedrooms, both with closets and oversized windows are bright and airy and share another full bathroom. Laundry/utility room has plenty of storage room, features furnace, HVAC, water softener, from 2024, complete with maintenance package. A/C 2024. There is a separate entrance off the back of the house leading into this room. Stunning concrete driveway can easily accommodate four cars. Attached single car garage as well. 52x128' lot offers a beautiful backyard oasis with large poured patio area, ideal for dining al fresco or enjoying family time! Room for kids to run and play or climb. Irrigation system to keep that beautiful lawn green. Great area for raising a family. Fantastic schools close by. Shopping and dining within walking distance. Ideal multi-generational family home too!

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$699,995 - 7438 Petrullo Court, Niagara Falls

Detached for Sale in Niagara Falls

New — Listed 3 days ago
5Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13424256
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
5
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Niagara Falls
Listing Brokerage
ROYAL LEPAGE NRC REALTY
Description

Beautiful family home located on a quiet crescent, minutes to QEW with five bedrooms! Welcoming foyer with access to backyard oasis, garage and stairs leading to upper and lower levels. Spacious main floor living with formal living and dining room with hardwood flooring and pot lights. Strategically placed Solatube skylights in living room and bathroom for additional brightness! Updated eat-in kitchen with granite countertops, and state-of-the-art appliances. Three bedrooms on the main floor, all with hardwood flooring and spacious family bath. Primary bedroom has ample closet space and overlooks the private backyard. Down the stairs to a relaxing family room, ideal for movie nights or lounging around the fireplace on a cold night. Two more large bedrooms, both with closets and oversized windows are bright and airy and share another full bathroom. Laundry/utility room has plenty of storage room, features furnace, HVAC, water softener, from 2024, complete with maintenance package. A/C 2024. There is a separate entrance off the back of the house leading into this room. Stunning concrete driveway can easily accommodate four cars. Attached single car garage as well. 52x128' lot offers a beautiful backyard oasis with large poured patio area, ideal for dining al fresco or enjoying family time! Room for kids to run and play or climb. Irrigation system to keep that beautiful lawn green. Great area for raising a family. Fantastic schools close by. Shopping and dining within walking distance. Ideal multi-generational family home too!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,591.33/mo

Includes CMHC insurance ($19,530)

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5-yr fixed avg.

Principal: $629,995Interest: $427,875
Mortgage Amount$649,525
Total Interest$427,875
Est. Property Tax$496/mo
Total Cost$1,077,400

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

7438 Petrullo Court, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
5.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$2,958

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 $636/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Niagara Falls's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Niagara Falls.

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 $2,917 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    7438 Petrullo Court, Niagara Fa… — $699,995 | Battaglia Team