87 Rice Road
767 - N. Welland, Welland
$525,000
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.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,404 |
| Lot Size | 57 ft x 198 ft |
| mls© Number | X13596708 |
| Listed By | HOMELIFE/MIRACLE REALTY LTD |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,687
- Property tax
- $284
- Heat allowance
- $150
- Housing costs
- $3,121 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$96,000
gross annual household income
- Payment at 4%
- $2,209 / mo
- Cash down
- $105,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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