DetachedOn market 102 daysPrice drop · $50,100 off (-9.1%)

163 Rice Rd W, Welland

Name: 163 Rice Road W
SKU: X13616224
Price: 499900 CAD
Availability: InStock

Welland, ON · · MLS® X13616224Updated November 2, 2026

$499,900Est. $2,456/mo mortgage

Bedrooms: 3
Bathrooms: 1
Living space: 700–1100sq ft
Parking spaces: 3

Type Detached
Lot 198 × 70.01
Basement Full, Partially Finished

What you should know

163 Rice Rd W is a 3-bedroom, 1-bathroom detached home in Welland, listed for $499,900. It has 700-1100 sq ft of living space.

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.

Ask Zara:

3 Bed, 1 Bath Detached Home in Welland

About 163 Rice Road West

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.

3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $714 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 163 Rice Rd W

Every detail from the listing, in one place.

Type: Detached
Style: Bungalow
Living space: 700-1100 sq ftas stated on the listing
Lot size: 198 x 70.01
Parking: 3 spaces
Basement: Full, Partially Finished

Features & systems

Parking & garage

Parking spaces: 3

Interior

Basement: Full · Partially Finished

Lot & land

Lot dimensions: 198 x 70.01
Lot size (sqft): 0

Listing & possession

Property style: Bungalow
Property class: Detached

163 Rice Rd W Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—ReducedPrice reducedThis listingMLS® X13616224−$50,100 (9.1%)$499,900
Jul 29, 2026For saleListedThis listingMLS® X13616224$550,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 163 Rice Rd W Compares to the Welland Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 512 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Welland market, last 90 days

Median sold price: $533,750
Average sold price: $551,417
Average days on market: 45
Homes sold: 272

Closed sales on the TRREB MLS®.

Full Welland market report

Recently sold nearby in Welland

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home163 Rice Road W 3 bd · 1 ba · 700 sqft	$499,900asking	$714	—	—
34 DOVER Road 2 bd · 1 ba · 700 sqft
19 Santone Avenue 3 bd · 1 ba · 700 sqft
208 Hellems Avenue 4 bd · 1 ba · 1,500 sqft
131 Joyce Avenue 3 bd · 1 ba · 700 sqft
41 Eastwood Drive 3 bd · 2 ba · 1,100 sqft
49 Beverly Crescent 3 bd · 2 ba · 700 sqft

34 DOVER Road
2 bd · 1 ba · 700 sqft
19 Santone Avenue
3 bd · 1 ba · 700 sqft
208 Hellems Avenue
4 bd · 1 ba · 1,500 sqft
131 Joyce Avenue
3 bd · 1 ba · 700 sqft
41 Eastwood Drive
3 bd · 2 ba · 1,100 sqft
49 Beverly Crescent
3 bd · 2 ba · 700 sqft

Living in Welland: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Costs, Mortgage & Rental Return for 163 Rice Rd W

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,456; 20% down · 25 years · 5.5% assumed
Property tax: $275; 0.66% mill rate · ON
Total per month: $2,731; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Mortgage payments

Mortgage financingPowered by

Lock in a low rate before you offer

Compare today's rates across lenders, lock yours in, and get pre-qualified in about 2 minutes.

Lock in my rate

Call now

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

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,456

/mo

based on the purchase price of $499,900

Down payment20%

$99,980 cash

Amortization25 yr

$399,920 financed

Rate5.50%

$336,838 total interest

Principal54%$399,920

Interest46%$336,838

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

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

Own a home on Rice Road West? See what yours is worth

Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.

Free · No obligation · Backed by Coldwell Banker

Book a tour of 163 Rice Rd W with a licensed buyer's agent

Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.

Zara, any time

Zara · AI virtual agent

Ask about 163 Rice Rd W day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.

A licensed local agent

Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.

Find an agent (905) 553-8500 (main line)

Listing brokerage: RE/MAX NIAGARA REALTY LTD, BROKERAGEMLS® X13616224 · Listing data last updated November 2, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

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.

For sale· listed Jul 28· $714/sq ft

Estimated monthly mortgage$2,456/moMortgage only · 20% down · 5.5% assumed

Adjust

Talk to a Real Estate Advisor · (905) 553-8500(main line)

Ask a question about this home

Get pre-approved for this home Run your scenario →

Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.

Price alert

We'll email you if this price drops.

5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

Similar homes for sale nearby in Welland

Other 2–5 bed homes for sale in Welland around $500K.

See all 3-bedroom homes for sale in Welland

Homes for sale in Welland

Every active Welland MLS® listing, updated all day.

All Welland MLS® listings