3 days on Market

53 Rice Rd, Welland, Ontario L3C 2V5

Detached
3 + 3
3
~1100-1500 sqft
$629,000
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Detached
3 + 3
3
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$495/sqft

Est. Mortgage$2,701/mo

Tax Amount (2024)$3,752/yr

Days On Market3 days


Description

*** Super Location!!! Rare And Unique Opportunity For Those Looking To Live In One Unit And Rent The Other, Or For Savvy Investors Seeking A Flexible Income Property. This Raised Bungalow Offers Two Fully Separate Three Bedroom SelfContained Units With Their Own Private Entrances, Kitchens, And Laundries. The Main Level Features A LightFilled Open Concept Living And Dining Area, Three Bedrooms Including A Primary With A Newer 3Piece Ensuite (2022), And An Additional Full Bathroom, Plus A Raised Deck Perfect For Enjoying Summer Evenings. The Lower Unit Boasts AboveGrade Windows, A Spacious Open Living And Dining Area, A Full 3Piece Bathroom, Separate Kitchen, And Laundry Room, Ideal For InLaw Privacy. The Units Are Also Connected By An Interior Door, So The Entire Home Can Be Enjoyed As A Single Residence If Desired. The Property Offers Parking For Up To Five Vehicles.Located In A Super Convenient Area, This Home Is Just A 10 Min Walk To Niagara College Welland Campus And Only A 5 MIn Walk To Local Schools, Grocery Stores, Shops, Restaurants, And Seaway Mall. The Neighborhood Is Known To Be Highly Walkable To Campus And Amenities. Easy Access To Highway 406 Further Enhances Convenience.This Property Represents A Fantastic Rental Opportunity For Niagara College Students Seeking OffCampus Housing, Or For LiveIn Landlords Seeking To Live In One Unit And Rent The Other. With Its Flexible Layout, Prime Location, And Strong Rental Appeal, This Property Packs A Ton Of Added Value And Truly Must Be Seen In Person! Book Your Private Showing Today


Property Details

StyleBungalow-Raised
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size3,333 SqFt(100 x 33.33)
Parking Spaces5
MLS ®NumberX12222533
Community NameWoodlawn
Data SourceTRREB
Listing byCENTURY 21 LEADING EDGE REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Sep Entrance, Finished

Main Floor

Living

4.42 x 3.2

Laminate / Open Concept / Picture Window

Dining

3.96 x 2.47

Laminate / Open Concept / Window

Kitchen

3.96 x 3.05

Vinyl Floor / Stainless Steel Appl / Window

Primary

4.01 x 3.86

Laminate / 3 Pc Ensuite / O/Looks Backyard


Features

Lot size: 3,333 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

Jun 16, 2025
ListedActive
$629,000
3 days on market
history photo preview32
Listing by trreb®
Property listed by CENTURY 21 LEADING EDGE REALTY INC., Brokerage
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Market Data - Woodlawn

Geo Zone Map ThumbnailWoodlawn

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

36 days

Compared to

2024

38 days

2023

23 days

2022

20 days

New Listings

Past 30 days

19 listings

Compared to

2024

8 listings

2023

9 listings

2022

8 listings

Units sold

Past 30 days

7 units

Compared to

2024

1 unit

2023

4 units

2022

6 units

Median Sold Price

Past 30 days

$569,900

Compared to

2024

$620,000

2023

$700,000

2022

$802,000


Population and Demographics

Overview

Total population 4710
Average household income $105,286

Age (%)

65 and plus
22%
0 to 19
21%
50 to 64
21%
20 to 34
18%
35 to 49
18%

Household composition (%)

Single family
69%
Single person
26%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
86%
French
5%
Others
4%
Italian
3%
English and French
1%

House tenancy (%)

Owners
77%
Renters
23%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget