




163 RICE Road, Welland, ON
L3C 2V7
Listed July 29, 2026
About this property
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.
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 163 RICE Road — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$99,980 · Minimum $24,995
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2025 tax bill).
Leave at $0 if there isn't one.
Typical for this kind of home.
Hydro, heating, water and sewer.
About 1% of the price a year, set aside.
One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$3,352/mo
About $40,224 a year
- $2,211
- $269
- Home insurance$125
- Utilities$330
- Maintenance & repairs$417
Cash needed to close
- Down payment (20%)
- $99,980
- Ontario land transfer tax
- $6,473
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $108,953
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
163 RICE Road, Welland, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: July 29, 2026
Listing Office: RE/MAX NIAGARA REALTY LTD, BROKERAGE
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