460 FALCON Lane, Russell, ON

$587,522
MLS#:X12899476
2 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow 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 $587,522 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 36.09 x 109.91 ft lot
  • Features a full, unfinished 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. **TO BE BUILT ! Camellia model is a single family home! This bungalow features an open concept main level filled with natural light, gourmet kitchen, main floor laundry and much more. It also offers a spectacular 3pieces master bedroom Ensuite, a second bedroom, family washroom and laundry room. The basement is unspoiled and awaits your final touches! This home is not built. Construction for October 2026. Possibility of having the basement completed for an extra $32,500. 24Hr IRRE on all offers.

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Key Features

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

Additional Details

StatusPrice Change
Listed Date3/19/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionWood , Stone
BasementFull, Unfinished
Lot Size36.09 × 109.91 Feet
CountyPrescott and Russell
Annual Tax$0
Legal DescriptionPLAN 50M388 LOT 57

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Air Exchanger

Security Features

Unknown

Community Features

Location

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460 FALCON Lane, 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 460 FALCON Lane, Russell, ON K4R 1E5

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.

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Interest Rate5.25%
Down Payment$33,752 (5.7%)
* Minimum Canadian down payment required for this price is $33,752.
Amortization Period25 Years
Estimated Monthly Payment$3,300Based on a loan of $553,770 over 25 years.
Purchase Price$587,522
Loan Amount$553,770
Provincial Land Transfer Tax:$8,225
Total Estimated Closing Taxes:$8,225

About Purchasing a Home in Russell, ON

For a property listed at $587,522 in Russell, the legal minimum down payment is $33,752 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 $8,225 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 $8,225.

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.