75 Settlement Lane, Russell, ON
Property no longer active
This property was sold on November 6, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow 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 $630,000 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.
- 5 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 50 x 109.91 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this 2013-built Corvinelli Homes bungalow located in the sought-after community of Russell Trails! This 5-bedroom home offers a fantastic layout and is just steps from walking paths, schools, and local amenities. With generous square footage and a family-friendly floorplan, it's a great opportunity for buyers looking to customize and build equity. Priced to reflect the need for cosmetic updates, this home presents excellent value in a prime location. Don't miss the chance to create your dream space in this desirable neighbourhood.
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Property Summary
This detached home located at 75 Settlement Lane, Russell is currently for sale and has been available on SousaSells for 550 days. This property is listed at $630,000 with an estimated mortgage of $2,097* per month. It has 5 beds, 2 bathrooms, and is 1500-2000 square feet. 75 Settlement Lane, 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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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 75 Settlement Lane, 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 $630,000 in Russell, the legal minimum down payment is $38,000 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 $9,075 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 $9,075.
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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.