40 Gaslight Way, Russell, ON

$595,000
MLS#:X13494380
2 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow semi-detached located in the coveted neighborhood of 601 - Village of Russell. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $595,000 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 38.51 x 109.85 ft lot
  • Features a full, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Air Exchanger, Auto Garage Door Remote, On Demand Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this bright and spacious semi-detached bungalow nestled in the heart of the vibrant Village of Russell. Thoughtfully designed for comfort and convenience, this home offers an inviting open-concept main living area highlighted by a cozy natural gas fireplace and an abundance of natural light. The beautifully updated kitchen features quartz countertops, a stylish backsplash, and ample workspace for everyday living and entertaining. The main level offers two generously sized bedrooms, including a private primary retreat complete with a walk-in closet and a 4-piece ensuite. A second full bathroom and a separate laundry room add to the home's practicality. Accessibility features include a porch lift in the garage and a chair lift providing easy access to the lower level. Downstairs, the partially finished basement offers excellent additional living space with drywall and flooring already completed, providing endless possibilities for a family room, hobby area, or home office. Step outside to enjoy the landscaped yard, complete with an irrigation system servicing both the front and back lawns. An entertainment-sized deck overlooks the peaceful rear yard with no rear neighbours, offering added privacy and a perfect setting for relaxing or hosting guests. Ideally located within a 5 minute walk to shops, Tim Hortons, and other amenities, this wonderful home combines comfort, convenience, and small-town charm. Come experience all that the Village of Russell has to offer!

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/26/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural StyleBungalow
ConstructionVinyl Siding, Brick
BasementFull, Partial Basement
Lot Size38.51 × 109.85 Feet
CountyPrescott and Russell
Annual Tax$3,923
Legal DescriptionPART LOT 86, PLAN 50M305, BEING PART 2 ON PLAN 50R10037, TOWNSHIP OF RUSSELL

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Air Exchanger, Auto Garage Door Remote, On Demand Water Heater, Primary Bedroom - Main Floor, Rough-In Bath, Water Meter

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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40 Gaslight Way, 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 40 Gaslight Way, Russell, ON K4R 0B1

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 Rate5.25%
Down Payment$34,500 (5.8%)
* Minimum Canadian down payment required for this price is $34,500.
Amortization Period25 Years
Estimated Monthly Payment$3,340Based on a loan of $560,500 over 25 years.
Purchase Price$595,000
Loan Amount$560,500
Provincial Land Transfer Tax:$8,375
Total Estimated Closing Taxes:$8,375

About Purchasing a Home in Russell, ON

For a property listed at $595,000 in Russell, the legal minimum down payment is $34,500 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 $8,375 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 $8,375.

Nearby Listings

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No current listings found in Russell.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$821,151

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.