$499,900
Welland
163 RICE Road West, Welland (N. Welland), Ontario, L3C2V7
This 5-bedroom, 2-bathroom home in Welland is for sale offering roughly 900 sq ft of space. Listed at $499,900, it is attractively priced about 22% below the $640,900 median asking price in Welland.
Welcome to 163 Rice Road, a 3-bedroom home in an established Welland neighbourhood offering comfortable living, a spacious backyard, and a number of recent improvements, with additional updates continuing to be made throughout the property. This home offers plenty of potential for first-time buyers, families, downsizers, or investors looking for a property they can make their own. Inside, you'll find several recent improvements, including new flooring (2026), windows (2025), doors (2026), and trim (2026). The living room features a cozy gas fireplace, while the kitchen comes equipped with stainless steel appliances, including a fridge and stove. Just beyond, the bright sunroom provides a comfortable spot to enjoy your morning coffee, relax, or take in views of the backyard. The home features three bedrooms and a 4-piece bathroom, along with a basement that is currently undergoing renovations to further improve the available living space. Once completed, the lower level will provide additional flexibility for a family room, home office, gym, recreation area, or storage. *Please note that the basement renovations are ongoing, and the current listing photos may not reflect the most recent work or the condition of the basement at the time of your showing. A new water heater (2025) is another recent improvement. Outside, the large, fully fenced backyard provides plenty of room for children, pets, entertaining, and enjoying the warmer months. An above-ground pool adds to the summer fun, while the hot tub (2025) and backyard patio offer a relaxing place to unwind. A spacious front deck (2026) provides additional outdoor living space for sitting outside or gathering with family and friends. Conveniently located close to schools, parks, shopping, restaurants, public transit, and major routes, 163 Rice Road combines an established location with a home that has already seen a number of improvements and continues to offer opportunities for future updates and personalization. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 100 days on market, against an average age of 59 days across the listings currently for sale in this city
This 5-bed single family in Welland (N. Welland) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $499,900, about 6.4× the local median household income of $78,500.
Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 24% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3C)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice




Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.