87 Rice Road, Welland, ON
L3C 2V6
Listed July 23, 2026
About this property
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.
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 87 Rice Road — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$105,000 · Minimum $27,500
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
$3,499/mo
About $41,988 a year
- $2,322
- $284
- Home insurance$125
- Utilities$330
- Maintenance & repairs$438
Cash needed to close
- Down payment (20%)
- $105,000
- Ontario land transfer tax
- $6,975
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $114,475
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
87 Rice Road, Welland, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: July 23, 2026
Listing Office: HOMELIFE/MIRACLE REALTY LTD
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