132 500 Route, Russell, ON
Property no longer active
This property was sold on October 27, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 603 - Russell Twp. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $899,900 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 113 x 197 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient attached configuration
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Flooring: Tile, Welcome to 132 Rte 500, a stunning corner lot nestled at the entrance of Russell Ridge Estates. This newer-built home embodies modern living with its array of high-end features & thoughtful design. Step inside to discover an expansive open concept layout that seamlessly combines the living, dining, & kitchen. This design not only maximizes space but also creates a warm & inviting atmosphere. Large windows flood the home with natural light, highlighting the quality finishes & attention to detail. For those who require reliable & fast internet, the availability of Bell Fibe ensures you are always connected. The heated garage offers comfort & convenience, providing a warm space for your vehicles & additional storage during the colder months. The outdoor space is equally impressive with a fenced-in backyard. The prime location at the entry to Russell Ridge Estates means you are within easy reach of local amenities while still enjoying the tranquility of a prestigious neighbourhood., Flooring: Laminate
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Property Summary
This detached home located at 132 500 Route, Russell is currently for sale and has been available on SousaSells for 684 days. This property is listed at $899,900 with an estimated mortgage of $2,995* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 132 500 Route, Russell is in the 603 - Russell Twp neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 132 500 Route, Russell, ON K4R 1E5
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 Russell, ON
For a property listed at $899,900 in Russell, the legal minimum down payment is $64,990 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 $14,473 for this transaction. As this listing is in Russell (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $14,473.
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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.