87 Rice Road, Welland, ON

$555,000
MLS#:X13596708
3 beds
2 baths
700-1100 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 767 - N. Welland. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $555,000 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 700-1100 sqft on a premium 57 x 198 ft lot
  • Features a separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: In-Law Suite
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this Beautiful detached bungalow featuring 2 bedrooms with 1 bath on the main level and a 1 bedroom 1 bath plus bonus room/storage in-law suite in the lower level that has its own separate entrance and separate laundry.House boasts of Large private backyard, 1.5 car garage with plenty of parking on driveway. Located just minutes from schools, grocery shopping, access to bus route, restaurants, recreational opportunities and many more. Short walk to Niagara College, Welland campus.

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Property Summary

This detached home located at 87 Rice Road, Welland is currently for sale and has been available on SousaSells for 13 days. This property is listed at $555,000 with an estimated mortgage of $1,847* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 87 Rice Road, Welland is in the 767 - N. Welland neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in 767 - N. Welland, Welland.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Welland.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/23/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementSeparate Entrance
Lot Size57 × 198 Feet
CountyNiagara
Annual Tax$3,404
Legal DescriptionPT TWP LT 244, THOROLD, PT 1, 59R6108; WELLAND

Parking & Garage

Parking Total5.0
Parking Space4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Park
  • Place Of Worship
  • Public Transit
  • School
  • School Bus Route

Interior Features

  • In-Law Suite

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 87 Rice Road, Welland, ON

Q.What is the asking price for 87 Rice Road, Welland, ON ?

The current listing price for 87 Rice Road, Welland, ON in 767 - N. Welland, Welland is $555,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 2 bathrooms across approximately 700-1100 sqft.

Q.What property type and architectural style is 87 Rice Road, Welland, ON ?

87 Rice Road, Welland, ON is a Detached (Bungalow) featuring a Separate Entrance basement.

Q.What key property features does 87 Rice Road, Welland, ON offer?

Key property features include: Park, Place Of Worship, Public Transit, School, School Bus Route.

Q.What interior features are included in this home?

Interior highlights include: In-Law Suite.

Q.Is parking available at this property?

Yes, this property offers parking space for 5.0 vehicles (Detached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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87 Rice Road, Welland, ON

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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 87 Rice Road, Welland, ON L3C 2V6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Welland.

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Interest Rate4.00%
Down Payment$166,500 (30.0%)
* Minimum Canadian down payment required for this price is $30,500.
Amortization Period30 Years
Estimated Monthly Payment$1,847Based on a loan of $388,500 over 30 years.
Purchase Price$555,000
Loan Amount$388,500
Provincial Land Transfer Tax:$7,575
Total Estimated Closing Taxes:$7,575

About Purchasing a Home in Welland, ON

For a property listed at $555,000 in Welland, the legal minimum down payment is $30,500 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 $7,575 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 $7,575.

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767 - N. Welland, Welland Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 767 - N. Welland, Welland.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$664,308

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in 767 - N. Welland, Welland

Elementary Schools

Glendale
Public24 Farnham Avenue, Welland, Ontario, L3C 3R1
8.1
Alexander Kuska KSG
Public333 Rice Road, Welland, Ontario, L3C 2V9
5.8
Quaker Road
Public333 Quaker Road, Welland, Ontario, L3C 3G7
7.6
Gordon
Public468 Thorold Road, Welland, Ontario, L3C 3W6
7.2
Nouvel Horizon
Public621 Quaker Road, Welland, Ontario, L3C 3H1
4.7

Secondary Schools

Centennial
Public240 Thorold Road, Welland, Ontario, L3C 3W2
6.7
Notre Dame
Public64 Smith Street, Welland, Ontario, L3C 4H4
6.2

767 - N. Welland, Welland Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.