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Entrance to lower unit
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239 Stiver Street

601 - Village of Russell / Russell, ON K4R 1G9

ActiveFor Sale
4 Beds
2 Baths
700 Sq Ft
Multi-Family

About This Property

An opportunity that makes sense from more than one angle! 239 Stiver Street is a conforming duplex offering immediate rental income, flexibility and the option to make homeownership more affordable by having a tenant help offset the mortgage. Whether you're an investor adding to your portfolio or a buyer looking to live in one unit while renting the other, this property is set up to work for you. Each self-contained unit offers 2 bedrooms and 1 bathroom, with its own distinct living space and outdoor area. The bright upper unit features a spacious living and dining area, an updated kitchen completed in 2024, two well-proportioned bedrooms, a private balcony, yard and direct access to the garage. It is currently occupied by a wonderful month-to-month tenant, providing immediate rental income from day one. The lower unit is vacant and ready for its next chapter, offering the flexibility to move in yourself or select your own tenant. Surprisingly bright and spacious, this unit features large windows, updated flooring completed in 2022, a generous living area, two bedrooms, a full bathroom and an electric fireplace added in 2026. It also enjoys its own dedicated lawn space, giving both units a sense of privacy and separation. Additional highlights include parking for four vehicles in the driveway, an owned hot water tank, municipal water and sewer, central A/C upstairs, a wall-mounted A/C unit downstairs and three windows replaced in 2025. Located on a quiet residential street in Russell, close to schools, parks, trails, recreation, shops, restaurants and everyday amenities, with convenient access for commuters. Immediate income upstairs, a vacant unit ready for your plans downstairs and plenty of flexibility for the future - an excellent opportunity for investors and owner-occupiers alike.

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size700 sq ft
Bedrooms4
Bathrooms2
Postal CodeK4R 1G9
Last UpdatedAug 23, 2026 · 5:38 p.m.

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Features & Amenities

  • View
  • Fireplace
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13702326

Listed by EXIT REALTY MATRIX

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$724,900

asking price

MLS®X13702326
TypeMulti-Family
CityRussell
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$3,540

/month · $579,920 mortgage

Down Payment20% — $144,980
Interest Rate5.5%

Amortization

Total Interest

$482,015

Total Cost

$1,061,935

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

EXIT REALTY MATRIX