408 FALCON Lane, Russell, ON
Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of 601 - Village of Russell. Expertly crafted featuring premium wood and stone construction, this residence presents an exceptional opportunity offered at $583,097 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
- Generous living space spanning 1500-2000 sqft on a premium 34 x 110 ft lot
- Features a full, 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
- Efficient forced air heating via gas
Description
** Price reflects HST rebate credits for qualifying buyers; subject to eligibility. ** New 2025, Semi-Detached Model Iris. Brand New 2 storey semi-detached at an affordable price! This home features an open concept main level filled with natural light, gourmet kitchen, separate laundry room and much more. The second level offers 3 generously sized bedrooms, 4pieces family bathroom + Master Ensuite and a finished basement. * 24Hr IRRE on all offers.
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Pricing & Value Insights
Data-driven valuation for 408 FALCON Lane, Russell, ON K4R 1E5
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About Purchasing a Home in Russell, ON
For a property listed at $583,097 in Russell, the legal minimum down payment is $33,310 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 $8,137 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 $8,137.
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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.