Brand New. Beautifully Finished. Built Above the Ordinary. Welcome to this exceptional 2-bedroom bungalow in Dain City, where quality craftsmanship, elevated finishes and thoughtful design come together in a truly move-in-ready home. Step inside to an impressive open-concept living space featuring 9-foot ceilings throughout the main floor and dramatic 10-foot tray ceilings in the living room and primary bedroom. The upgraded trim package and custom cabinetry showcase the attention to detail found throughout this home. The designer-inspired kitchen features quartz countertops, upgraded backsplash, under-cabinet lighting, 5 included appliances. The living room is anchored by an upgraded gas fireplace with blower kit and remote, framed by a stylish shiplap feature wall with electrical conveniently positioned above the mantle for your TV. The quality continues below. The basement has been thoughtfully prepared for future finishing with exterior walls already framed, foundation saw-cut for future access, and a rough-in for a 3- or 4-piece bathroom. An upgraded 200-amp electrical panel provides excellent capacity for future needs, including EV charging. The on-demand hot water system is owned, not rented. Outside, enjoy a newly sodded yard, included rear deck and the privacy of backing onto a greenbelt. With virtually everything completed, the driveway is the primary remaining exterior project. Ask about the basement finishing bonus available on firm deals($30,000.00). A rare opportunity to purchase a brand new bungalow with the upgrades, craftsmanship and finish level typically reserved for a much higher price point. Nothing ordinary about this one.
2 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $614 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 161 Forks Rd
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1100-1500 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Full, Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Full · Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
161 Forks Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14175120$674,850
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 161 Forks Rd Compares to the Welland Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,315
/mo
based on the purchase price of $674,850
$134,970 cash
$539,880 financed
$454,721 total interest
Principal54%$539,880
Interest46%$454,721
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Welland
Other 3–5 bed homes for sale in Welland around $675K.
Average days on market46Homes sold in about 46 days on average.
Sale-to-list ratio96.4%On average, homes sold below asking.
Active listings463Homes for sale here right now.
Median vs prior 90 days−2.8%Compared with May 16 – Aug 14, 2026: prices down.
Based on 277 sales from Aug 14 – Nov 12, 2026 (246 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 161 Forks Rd
How much is 161 Forks Rd listed for?
161 Forks Rd is listed at $674,850 (MLS® X14175120). Summitly updates the price as soon as the MLS® record changes.
Is $674,850 a good price for 161 Forks Rd?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Welland. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 161 Forks Rd changed?
No — 161 Forks Rd is still listed at its original asking price of $674,850.
How many bedrooms and bathrooms does 161 Forks Rd have?
161 Forks Rd has 2 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Welland.
How much would the monthly mortgage be on 161 Forks Rd?
About $3,315 a month — principal and interest on $674,850 with 20% down ($134,970), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 161 Forks Rd compare with other homes in Welland?
Its asking price of $674,850 is about 27% above the median sold price in Welland over the last 90 days, $530,000, across 277 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 161 Forks Rd been sold before?
Summitly has no earlier MLS® sale or lease of 161 Forks Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 161 Forks Rd?
161 Forks Rd is in Welland, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 161 Forks Rd been on the market?
161 Forks Rd was listed today (November 12, 2026).
What is the price per square foot of 161 Forks Rd?
About $450 to $614 per square foot: the asking price of $674,850 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 161 Forks Rd have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
Does 161 Forks Rd have a basement, and is it finished?
The listing describes the basement as: Full, Unfinished.
