39 Bank Street, Russell, ON
Property no longer active
This property was sold on April 15, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of 601 - Village of Russell. Expertly crafted featuring premium brick front and vinyl siding construction, this residence presents an exceptional opportunity offered at $709,000 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.
- 4 Bedrooms and 6 Bathrooms with 3 functional kitchens
- Generous living space spanning < 700 sqft on a premium 38.32 x 123.79 ft lot
- Features a apartment 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: Accessory Apartment
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Exceptional Investment Opportunity in Russell - Turnkey Duplex with Modern Appeal. Welcome to 39 Bank St, a beautifully designed, purpose-built duplex in the heart of Russell, one of Eastern Ontarios most sought-after communities. Built in 2019, this modern, low-maintenance property presents an incredible opportunity for investors, multi-generational families, or first-time buyers looking to offset their mortgage with rental income.The upper unit offers a spacious 3-bedroom, 1.5-bath layout, thoughtfully spread over two stories to provide comfortable, family-friendly living. Meanwhile, the lower-level unit with its private entrance is a self-contained 1-bedroom, 1-bath apartment, perfect for generating additional income or accommodating extended family members. Both units are tenant-occupied, ensuring immediate cash flow with hassle-free management. With its modern construction, this property requires minimal upkeep, making it a smart addition to any real estate portfolio. Both sides of this semi-detached duplex are available for sale! Secure an even greater investment by purchasing both units.
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Property Summary
This duplex located at 39 Bank Street, Russell is currently for sale and has been available on SousaSells for 507 days. This property is listed at $709,000 with an estimated mortgage of $2,360* per month. It has 4 beds, 6 bathrooms, and is < 700 square feet. 39 Bank Street, 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
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Accessory Apartment
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 39 Bank Street, Russell, ON K4R 1A9
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 $709,000 in Russell, the legal minimum down payment is $45,900 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 $10,655 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 $10,655.
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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.