$1,389,900

$1,449,000For salePrice drop↓ $59,100 (4%)

2083 Groves Road, Russell - Single Family for Sale

2083 Groves Road, Russell, Ontario, K4R1E5

4 beds3 baths10 parking3,250 ft²186 × 829 ft (3.53 acres) lot sizeListed 56 days ago

Overview

This 4-bedroom, 3-bathroom home in Russell is for sale offering roughly 3,250 sq ft of space. It has been on the market 56 days, fresher than the Russell average of 74 days.

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Description

Welcome to 2083 Groves Road in Russell, where modern design meets refined country living. Built in 2023 and nestled on approximately just under 5 private acres, this exceptional two-storey home offers a rare combination of style, space, privacy and tranquility. From the moment you step inside, the attention to detail is undeniable. Beautiful posts and beams, warm country-inspired finishes and an impressive open-concept design. This is a home that feels both sophisticated and inviting. An abundance natural light, many upgrades and carefully selected finishes give the interior a true magazine-worthy feel. The spacious layout features 3 bedrooms, including an expansive master bedroom, complete with an extra-large walk-in closet and plenty of room to create your own private sanctuary. Generous living spaces, soaring openness and an abundance of natural light make this home ideal for both everyday family living and entertaining.Outside, enjoy the peaceful countryside, located on a private road, the setting provides a wonderful sense of seclusion while remaining within the Russell area.Modern yet timeless, luxurious yet welcoming, 2083 Groves Road is anything but ordinary. Properties offering this combination of newer construction, acreage, privacy, distinctive architecture and high-end country style are rarely available in Russell.This is more than a home - it's a lifestyle, and truly one of a kind. (id:66096)

Property Details

MLS®: X13762668
Property Type: Single Family
Zoning: Residential
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 10
Interior Size: 3,250 ft²
Lot Size: 186 × 829 ft (3.53 acres)
Frontage: 186 ft
Storeys: 2
Basement: Partially finished, N/A
Heating: Forced air, Propane
Cooling: Central air conditioning, Air exchanger
Garage: Attached Garage, Garage
Fireplace: Yes

Rooms

Main level

Foyer: 4.56 x 3.98 meters
Living room: 6.6 x 5.34 meters
Dining room: 6.6 x 2.98 meters
Kitchen: 7.27 x 4.27 meters
Pantry: 2.57 x 1.88 meters
Office: 3.29 x 3.45 meters
Bathroom: 1.34 x 2.28 meters

Upper Level

Bedroom: 3.35 x 4.3 meters
Bedroom 2: 3.25 x 4.3 meters
Primary Bedroom: 6.86 x 3.86 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan
Foundation: Poured Concrete
Exterior: Wood
Lot Features: Wooded area, Flat site

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

56d

Russell listings, avg age

74d

Price / ft²

$428

List price

$1.39M

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.

Haho

This 4-bed single family in Russell has been listed for 56 days, which is 18 days fresher than the city average of 74. Act while there is still low competition.

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Listed by EXIT RESULTS REALTY · Melanie Roussel

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K4R)

This home lists at $1,389,900, about 10.9× the local median household income of $127,000.

Carrying it typically needs a household income of about $271,496 (20% down, 25-yr amortization, stress-tested) — roughly 114% above the area median.

Median household income: $127,000
Population: 8,740
Median age: 39.6
Owner / renter: 88% / 12%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA K4R)

$1,389,900· $428/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment8.20% · $113,990.00

Min 8.20%50%

Mortgage payment$7,074/mo

↳ CMHC premium ($51,036 capitalized)

Property tax (est.)$631/mo

Total monthly$7,705

Cash Needed to Close

Down payment (8.20%)$113,990

Land transfer tax$24,273

Est. closing costs$6,670

Total cash needed$144,933

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