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.
** 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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Data-driven valuation for 460 FALCON Lane, Russell, ON K4R 1E5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Russell.
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.
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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.