388 COLMAR Street, Russell, ON

$809,500
MLS#:X9447127
4 beds
4 baths
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on April 19, 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 602 - Embrun. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $809,500 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.

  • 4 Bedrooms and 4 Bathrooms
  • Premium 49.17 x 109.77 ft lot size
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Air Exchanger
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Flooring: Hardwood, Located in the family friendly St. Thomas Place neighbourhood in Embrun, this impressive 4 bedroom, 4 bathroom home built by SACA Homes enjoys a lovely country setting, backing directly onto beautiful farmers fields with no rear neighbours creating the perfect backyard. Dramatic cathedral ceilings & gorgeous hardwood floors set the tone for this modern, open concept layout featuring a sunfilled livingrm (wth fireplace)/diningrm & a spectacular upgraded custom kitchen with gorgeous quartz & granite counters. The main floor includes a primary suite with a full 5pc ensuite bathrm & WIC, in addition to a second main floor bedroom/home office/den, a powder room & laundryrm. Upstairs, there are two generously sized bedrooms w/full bathroom. The huge basement enjoys a 3 pc bathroom. It is finished with the exception of flooring and drywall on the ceiling. Park & a walking trail w/a pond are conveniently down the street. Close to shops, restaurants, schools, daycare & easy access to highway!

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Property Summary

This detached home located at 388 COLMAR Street, Russell is currently for sale and has been available on SousaSells for 739 days. This property is listed at $809,500 with an estimated mortgage of $2,695* per month. It has 4 beds, 4 bathrooms, and is unknown square feet. 388 COLMAR Street, Russell is in the 602 - Embrun neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
4
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 25, 2024
Sold price information is available to members only
Listed Date7/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Other
BasementFull, Partially Finished
Lot Size49.17 × 109.77
CountyPrescott and Russell
Annual Tax$5,350
Legal DescriptionLOT 31, PLAN 50M338 TOWNSHIP OF RUSSELL

Parking & Garage

Parking Total4.0
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, Major Highway

Interior Features

Air Exchanger

Security Features

Community Features

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Location

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388 COLMAR Street, 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 388 COLMAR Street, Russell, ON K0A 1W0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$242,850 (30.0%)
* Minimum Canadian down payment required for this price is $55,950.
Amortization Period30 Years
Estimated Monthly Payment$2,695Based on a loan of $566,650 over 30 years.
Purchase Price$809,500
Loan Amount$566,650
Provincial Land Transfer Tax:$12,665
Total Estimated Closing Taxes:$12,665

About Purchasing a Home in Russell, ON

For a property listed at $809,500 in Russell, the legal minimum down payment is $55,950 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 $12,665 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 $12,665.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 602 - Embrun, Russell.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$701,626

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
Russel High
Public
5.7

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.