
Russell, ON K4R 1E1
Nestled on a quiet street in the heart of Russell and backing directly onto the Castor River, this rare riverfront bungalow offers an exceptional opportunity to renovate and create something truly special. Set on a generous lot with approximately 80 feet of frontage and 180 feet of depth, the property features a spacious backyard with direct water access ideal for canoeing, kayaking, or simply enjoying the peaceful setting. Built in 1960, the home offers solid bones and a flexible layout suited to renovators or buyers seeking multi-generational living potential. The main level currently features 2 bedrooms, with the possibility of converting back to the original 3-bedroom layout. A recently updated kitchen (2025) provides a fresh starting point, while the remainder of the home is ready for cosmetic updating and renovation. The walk-out basement includes a separate entrance, full bathroom, its own kitchen and laundry, and a nanny or in-law suite style setup offering excellent flexibility for extended family or guests. Originally designed as a 2-car garage, the space is currently configured as a 1-car garage with workshop and storage areas, but could easily be converted back if desired. Within walking distance to schools, parks, and the village core, this is a rare chance to secure a waterfront property in an established neighbourhood and renovate to your own taste while enjoying one of Russell's most scenic settings.
TRREB MLS® Attribution
MLS® X13164968
Listed by ROYAL LEPAGE PERFORMANCE REALTY
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.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$2,925
/month · $479,200 mortgage
Amortization
Total Interest
$398,299
Total Cost
$877,499
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ROYAL LEPAGE PERFORMANCE REALTY