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502 FIRST Avenue

502 FIRST Avenue

Petrolia, Ontario

5 bed • 4 bath • Single Family

$1,039,900

Welcome to 502 First Avenue, an exceptional estate residence in one of Petrolia's most prestigious neighbourhoods. Set on an impressive 75' x 196' lot, this distinguished 5 Bedroom, 3.5 bathroom home backs onto a beautiful pond and trees with serene views of wildlife, waterfowl, and jumping fish, while overlooking the fairways of Kingswell Glen Golf Club in the distance. The home's timeless stone exterior, concrete driveway, full lot irrigation system, extended double garage with rear yard access, and garage capacity for up to three vehicles create both curb appeal and everyday practicality. Situated on a quiet street, this is a rare opportunity to enjoy luxury living surrounded by nature. Inside, a dramatic two-storey foyer welcomes you with soaring ceilings, expansive windows, a winding hardwood staircase, and stunning sight lines through the great room to the water beyond. Hardwood flooring spans the principal living spaces, complemented by tile in the wet areas. The main level offers a formal dining room, chef-inspired kitchen with built-in appliances, island, and dining nook overlooking the deck and picturesque backyard. A bedroom and powder room provide flexibility for guests, family, or a home office. Upstairs, the spacious primary retreat features a unique turret sitting area with panoramic pond and golf course views, walk-in closet, and luxurious five-piece ensuite. Two additional bedrooms, a four-piece bath, finished laundry room with folding space, and an unfinished bonus room above the garage offer excellent family living and future potential. The fully finished lower level boasts high ceilings, an additional bedroom, three-piece bath, large recreation room, cold room and abundant storage. Enjoy golf just moments away and all of Petrolia's amenities within minutes. For those seeking a more relaxed pace of life without sacrificing convenience, Sarnia and London are both an easy drive away. A rare offering where luxury, privacy, and lifestyle converge.

Price History

Schools

Elementary

  • École Hillcrest Public School0.9 km

    Public · Lambton Kent DSB · 275 students

    Grade 3 reading: 76% met the provincial standard · Grade 6 math: 62% met the provincial standard

  • Lambton Central Centennial School1.6 km

    Public · Lambton Kent DSB · 210 students

    Grade 3 reading: 70% met the provincial standard · Grade 6 math: 30% met the provincial standard

  • St Philip Catholic School1.6 km

    Catholic · St Clair CDSB · 210 students

    Grade 3 reading: 86% met the provincial standard · Grade 6 math: 44% met the provincial standard

Secondary

  • Lambton Central Collegiate and Vocational Institute1.4 km

    Public · Lambton Kent DSB · 845 students

    Grade 10 literacy: 90% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N0N

Population
42,297
Private dwellings
18,752
Median age
45.2
Average household size
2.5
Median household income
$96,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Single Family in Petrolia · last 12 months

Median sold price
$510,000
Homes sold
11
Median days on market
42
Sale-to-list price
95.5%

Based on 11 recorded sales of single family properties in Petrolia over the last 12 months.

Location

Mortgage Calculator

$207,980

Estimated Monthly Payment

$5,109

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $5,109/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $260/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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