$560,000
Russell
40 Gaslight Way, Russell, Ontario, K4R0B1
This 2-bedroom, 2-bathroom home in Russell is for sale offering roughly 1,300 sq ft of space. Listed at $560,000, it is attractively priced about 20% below the $699,900 median asking price in Russell. It has been on the market 11 days, fresher than the Russell average of 74 days.
Welcome to this bright and spacious semi-detached bungalow nestled in the heart of the vibrant Village of Russell. Thoughtfully designed for comfort and convenience, this home offers an inviting open-concept main living area highlighted by a cozy natural gas fireplace and an abundance of natural light. The beautifully updated kitchen features quartz countertops, a stylish backsplash, and ample workspace for everyday living and entertaining. The main level offers two generously sized bedrooms, including a private primary retreat complete with a walk-in closet and a 4-piece ensuite. A second full bathroom and a separate laundry room add to the home's practicality. Accessibility features include a porch lift in the garage and a chair lift providing easy access to the lower level. Downstairs, the partially finished basement offers excellent additional living space with drywall and flooring already completed, providing endless possibilities for a family room, hobby area, or home office. Step outside to enjoy the landscaped yard, complete with an irrigation system servicing both the front and back lawns. An entertainment-sized deck complete with awning, overlooks the peaceful rear yard with no rear neighbours, offering added privacy and a perfect setting for relaxing or hosting guests. Ideally located within a 5 minute walk to shops, Tim Hortons, and other amenities, this wonderful home combines comfort, convenience, and small-town charm. Come experience all that the Village of Russell has to offer! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 11 days on market, against an average age of 74 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 2-bed single family in Russell has been listed for 11 days, which is 63 days fresher than the city average of 74. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $560,000, about 4.4× the local median household income of $127,000.
Carrying it typically needs a household income of about $109,388 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA K4R)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice




Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.