53 Rice Road, Welland, ON

$499,000
MLS#:X12222533
6 beds
3 baths
1100-1500 sqft
5.0 parking
Residential Freehold
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Description

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 $499,000 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.

  • 6 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 33.33 x 100 ft lot
  • Features a ["separate entrance", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor, In-Law Suite, In-Law Capability
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

*** 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

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Key Features

Bedrooms
6
Bathrooms
3
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 10, 2025
Sold price information is available to members only
Listed Date6/16/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Vinyl Siding
Lot Size33.33 × 100 Feet
CountyNiagara
Annual Tax$3,752
Legal DescriptionLT 170 PL 655; WELLAND

Parking & Garage

Parking Spaces5.0
Garage Spaces5
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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53 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 53 Rice Road, Welland, ON L3C 2V5

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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Financial Audit

Estimated Costs

Loan Amount$399,200
Monthly Mortgage$2,319
Property Tax (Est.)$313
Utilities & Maint.$350
Total Monthly Cost$2,982

Nearby School Rankings

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Within 2km radiusFraser Institute Ratings

Nearby Listings

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No current listings found in Welland.

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.