$449,900

For sale

#301 2 Warner Street, Russell - Single Family for Sale

#301 2 Warner Street, Russell, Ontario, K4R0B4

2 beds2 baths1 parking1,100 ft²$528/mo condo feeListed 30 days ago

Overview

This 2-bedroom, 2-bathroom condo in Russell is for sale offering roughly 1,100 sq ft of space. It has been on the market 30 days, fresher than the Russell average of 74 days.

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Description

LOCATION LOCATION!!! This stunning 2 bed, 1.5 bathroom condo located in the heart of Russell is in a lovely, well kept building. Truly a beautiful unit in a great location, it also has an in-unit laundry room and an oversized large storage locker. It was all repainted and granite counter tops installed in the kitchen 1.5 years ago. Open concept with living & dining area, a large primary bedroom (with a big walk in closet), a second bedroom that can be also used as an office if so desired. All lovely appliances are included. An amazing L-shaped balcony overlooks a very quiet street and has a hookup for a natural gas barbeque. There is an appointed underground parking spot which is heated and has 2 manual washing stations and visitor parking is just in front of the condo. The monthly condo fees include insurance, general maintenance, alarm system, grounds landscaping, snow removal and the reserve fund allocation. This condo is steps away from the Castor river and walking distance to all the amenities Russell has to offer including schools, shopping and dining +++. A definite must see!! (id:66096)

Property Details

MLS®: X13861464
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Storeys: 3
Basement: None
Heating: Radiant heat, Natural gas
Cooling: Wall unit
Garage: Garage, Underground
Condo Fee: $528/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Property Tax: $2,942.28/yr
Listed

Rooms

Third level

Living room: 3.96 x 4.39 meters
Dining room: 3.2 x 2.97 meters
Foyer: 2.26 x 2.26 meters
Primary Bedroom: 4.09 x 4.04 meters
Bedroom 2: 2.9 x 2.77 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Blinds, Garage door opener, Garage door opener remote(s)
Exterior: Stone, Stucco
Lot Features: Elevator, Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

30d

Russell listings, avg age

74d

Price / ft²

$409

List price

$450K

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 2-bed single family in Russell has been listed for 30 days, which is 44 days fresher than the city average of 74. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · Joanne Clemens

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K4R)

This home lists at $449,900, about 3.5× the local median household income of $127,000.

Carrying it typically needs a household income of about $87,881 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$449,900· $409/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,495

Min 5%50%

Mortgage payment$2,370/mo

↳ CMHC premium ($17,096 capitalized)

Property tax (est.)$245/mo

Condo fee$528/mo

Total monthly$3,142

Cash Needed to Close

Down payment (5%)$22,495

Land transfer tax$5,473

Est. closing costs$3,850

Total cash needed$31,818

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