134 Russell Street, Blue Mountains, ON
Property no longer active
This property was sold on January 13, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Blue Mountains. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $675,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 1 Bedroom and 3 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 132 x 280.17 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: None
- Efficient forced air heating via gas
Description
**A Rare Opportunity in the Heart of Thornbury** For the first time in over 50 years, this extraordinary estate is available, offering a rare chance to own a piece of Thornbury history on one of its most coveted and sought-after streets. This property is being sold with the piece of vacant land directly located to the west of this property, and must be purchased together - MLS X11918044. Combined, the properties offer 1.6 Acres of premier land. Situated on Russell Street, this expansive property features an impressive 132-foot frontage and over 280 feet of depth, just steps from downtown Thornbury's charming shops, fine dining, marina, and more. This unique property provides endless possibilities. Currently, an older home occupies the lot, but no value is placed on the structure, leaving buyers with the discretion to tear it down or renovate to suit their vision, subject to their due diligence. Additionally, a large workshop at the rear of the property offers exciting potential for restoration or creative use, depending on individual needs and aspirations. The sheer size and location of this estate-sized lot make it a truly one-of-a-kind opportunity. Build your dream home and create a private estate in the heart of Thornbury. Buyers are advised to complete all necessary due diligence regarding these possibilities. Set within The Blue Mountains, this property offers access to an incredible four-season lifestyle. From scenic nature trails and Georgian Bay to award-winning golf courses and world-class dining, Thornbury is the perfect place to live an active and fulfilling life. This is an incredibly rare opportunity for a discerning buyer seeking an expansive in-town property or an investor with a vision for future development. The property is being sold "as-is, where is" and all showings are by appointment only. Do not miss your chance to secure this exceptional property -- contact us today to arrange your private showing.
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Property Summary
This detached home located at 134 Russell Street, Blue Mountains is currently for sale and has been available on SousaSells for 555 days. This property is listed at $675,000 with an estimated mortgage of $2,247* per month. It has 1 bed, 3 bathrooms, and is 1100-1500 square feet. 134 Russell Street, Blue Mountains is in the Blue Mountains neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Rec./Commun.Centre, School, Skiing, Wooded/Treed
Interior Features
None
Security Features
None
Community Features
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Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 134 Russell Street W, Blue Mountains, ON N0H 1J0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Blue Mountains, ON
For a property listed at $675,000 in Blue Mountains, the legal minimum down payment is $42,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,975 for this transaction. As this listing is in Blue Mountains (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.