Sold for:Sold Aug 10, 2025
$499,000

53 Rice Road

Welland (N. Welland), ON L3C 2V5

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

This home has sold. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for 53 Rice Road, Welland, N. Welland

2025-06-16
2025-08-10
Sold
Price
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MLS#
x12222533

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 53 Rice Road, Welland, N. Welland

*** Super Location!!! Rare And Unique Opportunity For Those Looking To Live In One Unit And Rent The Other, Or For Savvy Investors Seeking A Flexible Income Property. This Raised Bungalow Offers Two Fully Separate Three Bedroom Self Contained Units With Their Own Private Entrances, Kitchens, And Laundries. The Main Level Features A Light Filled Open Concept Living And Dining Area, Three Bedrooms Including A Primary With A Newer 3Piece Ensuite (2022), And An Additional Full Bathroom, Plus A Raised Deck Perfect For Enjoying Summer Evenings. The Lower Unit Boasts AboveGrade Windows, A Spacious Open Living And Dining Area, A Full 3 Piece Bathroom, Separate Kitchen, And Laundry Room, Ideal For InLaw Privacy. The Units Are Also Connected By An Interior Door, So The Entire Home Can Be Enjoyed As A Single Residence If Desired. The Property Offers Parking For Up To Five Vehicles.Located In A Super Convenient Area, This Home Is Just A 10 Min Walk To Niagara College Welland Campus And Only A 5 MIn Walk To Local Schools, Grocery Stores, Shops, Restaurants, And Seaway Mall. The Neighborhood Is Known To Be Highly Walkable To Campus And Amenities. Easy Access To Highway 406 Further Enhances Convenience.This Property Represents A Fantastic Rental Opportunity For Niagara College Students Seeking Off Campus Housing, Or For Live In Landlords Seeking To Live In One Unit And Rent The Other. With Its Flexible Layout, Prime Location, And Strong Rental Appeal, This Property Packs A Ton Of Added Value And Truly Must Be Seen In Person! Book Your Private Showing Today

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,752
Land Transfer Tax Fee
$6,455

Rental Items

Rental Equipment
HWT

Basement Type
Separate Entrance, Finished

Interior Features

Interior Extras
Primary Bedroom - Main Floor, In-Law Suite, In-Law Capability
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
Bungalow-Raised

Construction

Exterior Finish
Brick, Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
33.33 ft
Lot Depth
100.00 ft
Lot Size
3333

Inclusions

Inclusions
All Existing Light Fixtures, Window Coverings (Except Stagers Curtains In Dining Room). Main Floor - Stainless Steel Fridge, Stove, Dishwasher, Over The Range Microwave. Washer & Dryer. Lower Level - Fridge, Stove, Range Hood, Washer & Dryer.

Parking & Garages

Garage Type
None
Garage Spaces
5
Parking Spaces
5
Total Garage And Parking Spaces
5

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
3 + 3
Washrooms
3
Kitchens
2

Room sizes

  • Living Room—
    Main level, Laminate, Open Concept, Picture Window
  • Dining Room—
    Main level, Laminate, Open Concept, Window
  • Kitchen—
    Main level, Vinyl Floor, Stainless Steel Appl, Window
  • Primary Bedroom—
    Main level, Laminate, 3 Pc Ensuite, Overlooks Backyard
  • Bedroom 2—
    Main level, Laminate, Window, Closet
  • Bedroom 3—
    Main level, Laminate, Window, Closet
  • Living Room—
    Basement level, Broadloom, Combined w/Dining, Window
  • Dining Room—
    Basement level, Broadloom, Combined w/Living, Open Concept
  • Kitchen—
    Basement level, Tile Floor, Breakfast Bar, Window
  • Bedroom—
    Basement level, Broadloom, Window, Closet
  • Bedroom—
    Basement level, Broadloom, Window, Closet
  • Bedroom—
    Basement level, Broadloom, Window, Closet

Washrooms

  • 3-piece, Main
  • 4-piece, Main
  • 3-piece, Basement

Municipality
Welland
Neighbourhood
N. Welland
Main cross streets
Rice Rd/Thorold Rd
Directions
THOROLD RD. TO RICE RD. OR WOODLAWN RD. TO RICE RD.

MLS® number
X12222533
Data source
Toronto Regional Real Estate Board
Status change
2025-08-10
Listed on
2025-06-16
Days on market
55 days
Possession date
2025-07-31
Possession type
Flexible
Co-op commission
2% + BONUS $3500 if offer accepted on/by 07/30
Seller
Listed by
CENTURY 21 LEADING EDGE REALTY INC.

Home Market Value

Current home valuation for 53 Rice Road, Welland, N. Welland, Welland, ON. Listed for $499,000

HOMEH Estimate

?

$590,210

Estimated Sales Range

?

$413,147 - $767,273

HOMEH Estimate for 53 Rice Road, Welland, N. Welland

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$590,210Low confidence
Based on 5 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

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Welland, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$24,950

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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%
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%
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%
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+CMHC insurance
$18,962$13,922$11,876$0
=Total mortgage
$493,012$463,022$436,026$399,200
Amortization
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%
%
%
Payment frequency
=Mortgage payment
$2,407monthly$2,261monthly$2,129monthly$1,949monthly
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Land Transfer Tax

Provincial

$6,455

Total Land Transfer Tax

$6,455

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7/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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