7 LAPALME Street, Russell, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 602 - Embrun. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $524,500 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.
- 3 Bedrooms and 2 Bathrooms
- Premium 75 x 100 ft lot size
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater Owned, Other
- equipped with wall unit(s) central cooling and highly efficient woodburning heating via electric
Description
Flooring: Hardwood, Welcome to this charming 3-bedroom bungalow located in the heart of Embrun! This inviting home is perfect for a growing family and is conveniently situated near amenities, including schools, stores, parks, and scenic walking trails. As you step inside, you're greeted by a bright and cozy living room. Adjacent is the lovely kitchen, featuring modern stainless steel appliances, abundant cabinetry for all your storage needs, and a spacious eating area. The main level offers three generously sized bedrooms and a shared family bathroom. The fully finished lower level adds an extra dimension to this home, boasting a large rec room that can be transformed into whatever you desire and includes a kitchen rough-in possible future in-law suite. This level also includes an additional bathroom and plenty of storage. Outside, enjoy a backyard oasis with no rear neighbours, complete with a large deck and a detached garage. Don't miss this incredible opportunity!, Flooring: Laminate, Flooring: Carpet Wall To Wall
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 7 LAPALME Street, Russell, ON K0A 1W0
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About Purchasing a Home in Russell, ON
For a property listed at $524,500 in Russell, the legal minimum down payment is $27,450 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 $6,965 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 $6,965.
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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.
