Single Family Residence at 193 Canal Street, Westerly
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$375,000

193 Canal Street
Westerly, RI 02891
Listed by Christopher Rapacioli
Bedrooms
2
Bathrooms
1.5
Living area
1,724 sqft
Year built
1979

About this home

Here's fantastic opportunity to plant your roots and build instant equity in one of Rhode Island’s favorite coastal communities! Nestled in vibrant Westerly, this charming 2-bedroom, 1.75-bath home offers roughly 884 sq. ft. of comfortable living space with endless potential PLUS an additional over 800 sq. ft in the partially finished walkout basement. The main house needs some work and personal touches, it features a solid layout ready for your updates and vision. Whether you’re a first-time buyer looking to customize your dream home or a savvy investor seeking value, this property provides the perfect canvas to create something truly special. A standout highlight of this property is the incredible detached outbuilding! Fully set up as a private home office, it comes complete with electrical power and a dedicated heating and A/C mini-split system. Whether you need a quiet workspace, creative studio, or workshop, this climate-controlled extra space adds incredible functionality from day one. You can also use this space as a cabana for the above ground pool, the possibilities are endless. Relax on your raised second level 21x12 screened deck for outdoor living at it's finest Enjoy the best of Westerly living with easy access to a lively downtown packed with dining, boutique shops, and local events, plus nearby beaches, rivers, and parks just minutes away. Don’t miss this chance to roll up your sleeves, add your personal style, and unlock real equity in a prime town!

Property details

MLS
Rhode Island Association of REALTORS
MLS #
1426591
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
October 21, 2026
Stories
N/A
Total bathrooms
1.5
Garage spaces
N/A
Parking spaces
6
Lot size
0.87 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Springbrook Elementary School
0.27 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
267
Student:teacher ratio
12.1:1
District
Westerly
Middle
Westerly Middle School
4 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
740
Student:teacher ratio
11.2:1
District
Westerly
High
Westerly High School
1.61 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
726
Student:teacher ratio
9.9:1
District
Westerly

Walkability

Blended score for Westerly's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

54
Somewhat walkable
out of 100
EPA National Walkability Index
7.3 / 20 -- Below average walkable
Google Places amenity density
80 / 100
Restaurants & cafes18
Grocery stores3
Parks5
Schools2
Transit stops3
Pharmacies0

Market position

How this listing compares to current activity in Westerly, from live MLS data.

On the market 0 days -- 45 fewer days than Westerly's current average of 45 days.
For reference, the median list price across 254 active listings in Westerly right now is $550,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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/mo
Est. monthly payment
$2,408/mo
$75,000 down
$300,000 loan
Principal & interest$1,946
Property tax (est.)$313
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.