776 HAMILTON Road, Russell, ON

$550,000
MLS#:X9518867
4 beds
2 baths
15.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 23, 2024. 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 603 - Russell Twp. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $550,000 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.

  • 4 Bedrooms and 2 Bathrooms
  • Premium 188.31 x 467 ft lot size
  • Features a none, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 15.0 total parking spaces available with a convenient detached configuration
  • equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric

Description

A true diamond in the rough! Nestled on almost 2 acres, this property boasts a charming century home and a 40'x60' insulated garage that sets it apart. As you step inside, you're greeted by a spacious kitchen that flows seamlessly into the living, dining, & family rooms. Ascend to the second level, where five generously sized bedrooms and a full bathroom await, offering ample space for everyone. The crown jewel of this property is the impressive 40'x60' heated and insulated garage. With its soaring 14' ceilings, 12' doors, and 240-volt electrical service, this versatile space is a dream come true for a welder, woodworker, or car enthusiast. Whether you're looking for a place to pursue your hobbies or tackle a new project, this garage has all the room you need. This century home, paired with its extraordinary detached garage, could be the perfect canvas for your next venture. Just outside Russell village giving you access to all amenities! Offers to be presented on October 4th at 10am., Flooring: Hardwood, Flooring: Mixed, Flooring: Carpet Wall To Wall

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Property Summary

This detached home located at 776 HAMILTON Road, Russell is currently for sale and has been available on SousaSells for 685 days. This property is listed at $550,000 with an estimated mortgage of $1,831* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 776 HAMILTON Road, Russell is in the 603 - Russell Twp neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 23, 2024
Sold price information is available to members only
Listed Date9/4/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionOther
BasementNone, Unfinished
Lot Size188.31 × 467
CountyPrescott and Russell
Annual Tax$4,954
Legal DescriptionPT LT 16 CON 1 RUSSELL PT 5 50R943 T/W RR150019 (EXCEPT ROW SECONDLY DESCRIBED); RUSSELL

Parking & Garage

Parking Total15.0
Garage TypeDetached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingWall Unit(s)

Features

Property Features

Park, Park, School Bus Route

Interior Features

Security Features

Community Features

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Location

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776 HAMILTON Road, 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 776 HAMILTON Road, 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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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Russell.

Configure Loan Settings

Interest Rate4.00%
Down Payment$165,000 (30.0%)
* Minimum Canadian down payment required for this price is $30,000.
Amortization Period30 Years
Estimated Monthly Payment$1,831Based on a loan of $385,000 over 30 years.
Purchase Price$550,000
Loan Amount$385,000
Provincial Land Transfer Tax:$7,475
Total Estimated Closing Taxes:$7,475

About Purchasing a Home in Russell, ON

For a property listed at $550,000 in Russell, the legal minimum down payment is $30,000 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 $7,475 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 $7,475.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 603 - Russell Twp, Russell.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,098,293

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.