- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 1,500–2,000sq ft
- Per sq ft
- $285at the range’s middle
- Lot
- 88 x 198 ft
- Tax a year
- $4,7732025 tax year
- Parking
- 82 attached
- Days on market
- Members
The brief
About 149 Rice Rd
149 Rice Rd is a 3-bedroom, 3-bathroom detached house in N. Welland, Welland, listed for sale at an asking price of $499,000 (MLS® X13818800).
Nestled on an impressive 88 ft x 198 ft lot, this property presents a rare opportunity to own a spacious home with exceptional potential in a sought-after location. Featuring 3 bedrooms, a dedicated Studio Apartment, an inground swimming pool, and a generous backyard, the property offers an outstanding foundation for a family home, renovation project, or investment opportunity. Ideally situated within walking distance to Niagara College, the location adds significant appeal for investors and those seeking strong rental potential, making this a property worth exploring. The home requires updates and improvements, providing the next owner with the opportunity to renovate, modernize, and customize the space to suit their vision while unlocking its full potential. With its expansive lot, desirable features, excellent location, and tremendous upside, this property offers plenty of possibilities for investors, renovators, or buyers looking to create value. Priced to reflect the work required, this is an opportunity to bring your vision to life and transform this property into something truly special.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall44/100−$425/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 13 homes with 3 bedrooms for lease in N. Welland right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $4,773 / 2025
- MLS® number
- X13818800
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 88 x 198 ft
- Listed on
- Parking
- 2 Attached, 8 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- N. Welland
- Municipality
- Welland
Building
- Size
- 1500-2000 sqft
- Construction
- Brick Front
Inside
- Bedrooms
- 3
- Bathrooms
- 3
- Bathroom Details
- 3 × 2pc
- Basement Type
- Full
- Kitchens
- 2
Parking
- Driveway
- Pvt Double
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 6
- Total Parking
- 8
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- None
- Frontage
- 88 ft
- Depth
- 198 ft
- Lot Size
- 88 x 198 ft
Additional
- Foundation
- Other
- Roof
- Shingles
- Fireplace
- No
- Pool
- Inground, Outdoor
- Den
- Yes
- Family room
- Yes
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 149 Rice Rd, Welland, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $499,000 | N/A | For Sale | X13818800 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $99,800
- Total mortgage amount
- $399,200
- Total interest payment
- $283,900
- Total purchase cost
- $782,900
- Mortgage payment
- $2,277/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
35%Monthly carrying cost
$2,675- Rent $2,250
- Shortfall $425
Rental income opens at $2,250, the median asking rent of 13 comparable homes for lease in N. Welland. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $6,455
- Total land transfer tax
- $6,455
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $2,455
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $499,000
- $1,980
- Ontario total
- $6,455
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 17,424 sq ft1,619 m²
- Street frontage
- 88 ft26.8 m
- Depth
- 198 ft60.4 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m250 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 4.7 km4.7 km
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- 2 recorded oil, gas or salt wells within 250 mFrom Ontario’s petroleum well records, which include old and plugged wells.250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Regional Municipality of Niagara — Welland Wastewater Treatment Plant, 2.7 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Welland Hydro-Electric System Corp.At the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Niagara Regional Broadband Network. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Last Mile Wireless Internet, NWIC, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Niagara Peninsula Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Detached homes for sale in N. Welland right now
- For sale now
- 58
- Median asking price
- $672K
- New in 7 days
- 5
- Price cuts
- 31%
Middle half: $575K to $760K
20 in 28 days
18 listings
This home is asking 26% below the median, lower than three quarters of them.
See all homes in N. WellandAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Gordon Public SchoolDSB Niagara | Public · grades JK–8 · French Immersion | 950 m | 80%Grade 6 average |
| Alexander Kuska KSG Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 · French Immersion | 1 km | 83%Grade 6 average |
| Glendale Public SchoolDSB Niagara | Public · grades JK–8 | 1.3 km | 69%Grade 6 average |
| École élémentaire Nouvel HorizonConseil scolaire Viamonde | French-language public · grades JK–6 | 1.3 km | 79%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Welland Centennial Secondary SchoolDSB Niagara | Public · grades 9–12 · French Immersion | 700 m | 65%Grade 9 math |
| Notre Dame College SchoolNiagara CDSB | Catholic · grades 9–12 · French Immersion | 2.2 km | 56%Grade 9 math |
| ÉSC Saint-Jean-de-BrébeufConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 3 km | 67%Grade 9 math |
| École secondaire Franco-NiagaraConseil scolaire Viamonde | French-language public · grades 9–12 | 4.4 km | 48%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
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Sold prices in N. Welland are shown to signed-in members.