197 TWEED Crescent, Russell, ON

$824,900
MLS#:X9441201
5 beds
4 baths
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 6, 2024. 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 601 - Village of Russell. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $824,900 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.

  • 5 Bedrooms and 4 Bathrooms
  • Premium 52.72 x 115.25 ft lot size
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient other configuration
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Flooring: Tile, Flooring: Vinyl, Completely renovated, this 4 + 1 bedroom, 4 bathroom home sits on a generous, tree-lined lot, and features a large patio in the backyard, complete with an 18' x 36' in-ground heated saltwater pool, storage shed and firepit. Inside, the impressive foyer leads to the main floor featuring a front office, formal dining and living room, as well as a powder room and a convenient laundry room. The kitchen boasts black stainless steel appliances, ample cabinetry, and quartz countertops. Adjacent is a spacious sunken family room with a gas fireplace for entertaining. The spiral staircase leads you the to the second level, where you will find four generously sized bedrooms, including a master suite with a huge walk-in closet and 4 piece ensuite bath. The finished lower level includes a family room, bedroom, and a full bathroom. Completing this exceptional home is a double garage with inside access. Close to parks, schools, shopping and more! Updates in remarks. Pool Heater 'as-is'.

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Property Summary

This detached home located at 197 TWEED Crescent, Russell is currently for sale and has been available on SousaSells for 740 days. This property is listed at $824,900 with an estimated mortgage of $2,746* per month. It has 5 beds, 4 bathrooms, and is unknown square feet. 197 TWEED Crescent, Russell is in the 601 - Village of Russell neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
5
Bathrooms
4
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 22, 2024
Sold price information is available to members only
Listed Date7/11/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFull, Finished
Lot Size52.72 × 115.25
CountyPrescott and Russell
Annual Tax$4,828
Legal DescriptionPCL 72-1 SEC 50M195; LT 72 PL 50M195 RUSSELL; RUSSELL

Parking & Garage

Parking Total6.0
Garage TypeOther

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit, Park, Fenced Yard

Interior Features

Security Features

Community Features

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Location

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197 TWEED Crescent, Russell, ON
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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 197 TWEED Crescent, Russell, ON K4R 1A3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Russell.

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Interest Rate4.00%
Down Payment$247,470 (30.0%)
* Minimum Canadian down payment required for this price is $57,490.
Amortization Period30 Years
Estimated Monthly Payment$2,746Based on a loan of $577,430 over 30 years.
Purchase Price$824,900
Loan Amount$577,430
Provincial Land Transfer Tax:$12,973
Total Estimated Closing Taxes:$12,973

About Purchasing a Home in Russell, ON

For a property listed at $824,900 in Russell, the legal minimum down payment is $57,490 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 $12,973 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 $12,973.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 601 - Village of Russell, Russell.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$738,721

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Mother Teresa
Public1035 Concession Street, Russell, Ontario, K4R 1G7
7.5
Saint-Joseph
Public1008 North Russell Road, Russell, Ontario, K4R 1C8
5.1
Russell
Public982 North Russell Road, Russell, Ontario, K4R 1C8
5.1

Secondary Schools

St. Thomas Aquinas
Catholic1211 South Russell Road, Russell, Ontario, K4R 1E5
6.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.