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Price Change$1,350,000

1581 Rice Road

662 - Fonthill, Pelham

$1,299,900

Detached|Bungalow
4 | 3 | 12
About this home

An absolutely gorgeous rural home and property located on the doorsteps of the welcoming town of Fonthill. This 191 x 230 foot lot features an impressive 2,130 square foot above grade ranch bungalow plus fully finished basement, massive two car garage, and a peaceful fully fenced backyard space to top it all off. This wonderful home was transformed originally in 2020 with a large addition almost doubling the square footage and then again updated in 2023 with a brand-new open concept kitchen, dining, and living room space, thoughtful upgrades throughout, as well as completing the fully finished basement in 2025. On the main floor you will find 4 bedrooms in total including a large primary with a walk-in-closet and 5-piece ensuite bathroom, as well as an additional full 4-piece main bathroom, and a spacious main floor laundry room. The fully finished basement adds almost another 2,000 square feet of finished living space including a fifth bedroom, an additional living room area, a third full 3-piece washroom and a massive entertainment room including a fireplace feature wall and bar area. As you enter the backyard space you can't help but to feel the calm as you are surrounding by healthy mature trees, multiple lounge areas, access to the garage, a breezeway though from the front driveway, and loads of greenspace with amazing potential for even more backyard fun. Within walking distance to the charming city centre, restaurants, grocery store, and all necessities as well as quick access to the highway and central to everywhere you want to be in Niagara. This is an absolutely perfect example of a the ideal rural family property with the luxury of being right next to everything suburban life has to offer. An amazing option that you must see in person!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$6,581
Lot Size191.67 ft x 230.7 ft
mls© NumberX13708944
Listed ByRE/MAX GARDEN CITY REALTY INC, BROKERAGE

Listing History

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  • 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%
$6,653
Property tax
$548
Heat allowance
$150
Housing costs
$7,352 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $259,980
25-yr amortization

Income needed

$226,000

gross annual household income

Payment at 4%
$5,470 / mo
Cash down
$259,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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