277 Castor Street, Russell, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of 601 - Village of Russell. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,399,900 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 234.1 x 141.82 ft lot size
- Convenient other garage included
- equipped with partial, yes central cooling and highly efficient oil forced air heating
Description
Rare development opportunity in the booming Town of Russell. This approximately 33,670 sq. ft. fully serviced parcel offers excellent visibility in a high-exposure location with attractive water views. Ideally situated in a growing community, the property presents many development possibilities (subject to approvals) and is well suited for residential, commercial, or mixed-use concepts.The property includes a double-door garage with entry access and a ramp leading to the basement area. With strong visibility, municipal services in place, and significant growth in the surrounding area, this is an outstanding investment opportunity.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 277 Castor Street, Russell, ON K4R 1B8
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 $1,399,900 in Russell, the legal minimum down payment is $279,980 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 $24,473 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 $24,473.
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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.
