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$545,000
Russell
16 Gold Crescent, Russell, Ontario, K4R1B4
This 3-bedroom, 2-bathroom home in Russell is for sale offering roughly 1,300 sq ft of space. Listed at $545,000, it is attractively priced about 22% below the $699,900 median asking price in Russell. It has been on the market 34 days, fresher than the Russell average of 75 days.
16 Gold Crescent offers the kind of opportunity that is getting more and more difficult to find: a fully detached 3-bedroom, 2-bath raised bungalow with an attached double garage, set on an oversized pie-shaped lot in the heart of Russell. Offered for the first time in more than 40 years, the home sits on a quiet, low-traffic crescent with a backyard measuring nearly 120' wide and close to 150' deep at its longest point. Inside, the home is ready for its next chapter and presents a great chance to update at your own pace, build equity, and make the space your own. The fundamentals are here: a practical layout, good bones, generous lot, and a setting that works well for long-term family living. Walk to Keith Boyd Park, the arena, fairgrounds, skatepark, community market and nearby schools, with everyday amenities close at hand and downtown Ottawa still within a reasonable commute. A solid home, a standout lot, and plenty of potential. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 34 days on market, against an average age of 75 days across the listings currently for sale in this city
Homes here sell close to asking price
Homes in this market sold for an average of 98.2 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 3-bed single family in Russell has been listed for 34 days, which is 41 days fresher than the city average of 75. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $545,000, about 4.3× the local median household income of $127,000.
Carrying it typically needs a household income of about $106,458 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA K4R)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.