85 RICE Road, Welland, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of 767 - N. Welland. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $569,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 50 x 198 ft lot
- Features a finished with walk-out, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient attached configuration
- Notable attributes: In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Discover an incredibly versatile home on a generous lot offering endless options for multi-generational living, rental income, or a strong addition to your investment portfolio. The main and lower levels each feature their own laundry, with a convenient elevator connecting floors for easy access throughout the home. The lower level includes a layout ideal for an in-law suite, giving added flexibility for extended family or rental potential. Set on a main road with excellent public transit at your doorstep, the location still offers a comfortable residential feel while keeping everyday amenities close by. Live in one unit and rent the other, support family under one roof, or maximize the property's income-producing ability-this is a rare opportunity with space, function, and future upside all in one.
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Property Summary
This detached home located at 85 RICE Road, Welland is currently for sale and has been available on SousaSells for 240 days. This property is listed at $569,900 with an estimated mortgage of $1,897* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 85 RICE Road, Welland is in the 767 - N. Welland neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Park, Public Transit, School, School Bus Route
Interior Features
In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor
Security Features
Smoke Detector
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 85 RICE Road, Welland, ON L3C 2V6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Welland, ON
For a property listed at $569,900 in Welland, the legal minimum down payment is $31,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,873 for this transaction. As this listing is in Welland (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,873.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.