516 Junction Street, Russell, ON
Property no longer active
This property was sold on May 13, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 601 - Village of Russell. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $874,900 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 3 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 59.25 x 105.25 ft lot
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient attached configuration
- Notable attributes: ERV/HRV
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Your dream home awaits in the sought-after community of Russell! This stunning home offers modern upgrades & finishes, and a prime location perfect for families looking for both comfort and convenience. Key Features: 9-ft ceilings for an airy, open feel, 3-car tandem garage + 4-car driveway parking. Grand curb appeal with 8x8 cedar posts & exterior pot lights, Upgraded kitchen with a spacious island, walk-in pantry, soft closing cabinet, & stylish backsplash, cozy stone fireplace with a wood mantel, main floor office perfect for remote work, hardwood floors throughout main, main floor laundry for ultimate convenience. Gas stove & tankless water heater for efficiency. Newly painted throughout, fresh & move-in ready! Community amenities include Sports dome has soccer, track & field, pickleball, & tennis courts. Future brand-new recreation center with 3 ice rinks, a swimming pool, and a fitness center. Russell trail has 10 km of paved trail for walking, biking, and cross-country skiing. Famous Russell summer fair & community events all year round! Ranked top best place to live. Top-rated schools nearby. Future shopping stores for ultimate convenience. Unbeatable Location! Easy commute to Ottawa & YOW airport, and less than 2 hours' drive to Montreal! Don't miss your chance to own a home in one of Ontario's most desirable communities.
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Property Summary
This detached home located at 516 Junction Street, Russell is currently for sale and has been available on SousaSells for 446 days. This property is listed at $874,900 with an estimated mortgage of $2,912* per month. It has 4 beds, 3 bathrooms, and is 2500-3000 square feet. 516 Junction 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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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 516 Junction Street, Russell, ON K4R 0A4
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 $874,900 in Russell, the legal minimum down payment is $62,490 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 $13,973 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 $13,973.
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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.