492 Falcon Lane, Unit B, Russell, ON

$2,000/mo
MLS#:X13673368
3 beds
2 baths
< 700 sqft
2.0 parking
Residential Freehold
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Property no longer active

This property was leased on August 28, 2026. This listing is for reference purposes only. to view the leased price.

Added:Aug 13, 2026(16 days ago)
Updated:Aug 28, 2026(1 day ago)
Last Checked:14 minutes ago

Property Highlights

Welcome to this remarkable 1 Storey/Apt lower level located in the coveted neighborhood of Village of Russell. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $2,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning < 700 sqft
  • 2.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient heat pump heating via electric

Description

AVAILABLE FOR IMMEDIATE OCCUPANCY! Be the first to live in this BRAND NEW LOWER LEVEL UNIT, ideally located just minutes from all the amenities of RUSSELL. Offering 1,427 sq. ft. of thoughtfully designed living space, this unit features 3 bedrooms and 1.5 bathrooms - perfect for families, guests, or a home office setup. The bright, open-concept layout seamlessly connects the living and dining areas to a modern kitchen complete with all included appliances. All three bedrooms are generously sized and offer ample closet storage. Enjoy added conveniences such as in-unit laundry (washer and dryer included), central air conditioning, and TWO PARKING spaces in a shared driveway. Snow removal is included, making winter living easy and hassle-free. Located just 25 minutes from Ottawa and close to parks, schools, walking trails, and everyday amenities, this home offers the perfect balance of comfort and convenience. Tenant pays rent plus Hydro.

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Property Summary

This lower level located at 492 Falcon Lane, Russell is currently for sale and has been available on SousaSells for 16 days. This property is listed at $2,000 with an estimated mortgage of $7* per month. It has 3 beds, 2 bathrooms, and is < 700 square feet. 492 Falcon Lane, Russell is in the Village of Russell neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Village of Russell, Russell.

Highly Recommended for Families
What We Love About This Home
  • •3 spacious bedroom layout offering versatile living space
  • •2 well-appointed bathrooms
  • •< 700 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Russell.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusLeased
AddedAug 13, 2026 (16 days ago)
UpdatedAug 28, 2026 (1 day ago)
Last Checked14 minutes ago
Transaction TypeFor Lease

Property Details

Property Sub-TypeLower Level
Architectural Style1 Storey/Apt
ConstructionBrick, Vinyl Siding
BasementNone
CountyPrescott and Russell

Parking & Garage

Parking Total2.0
Parking Space2
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 492 Falcon Lane, Unit B, Russell, ON

Q.What is the asking price for 492 Falcon Lane, Unit B, Russell, ON ?

The current listing price for 492 Falcon Lane, Unit B, Russell, ON in Village of Russell, Russell is $2,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 2 bathrooms across approximately < 700 sqft.

Q.What property type and architectural style is 492 Falcon Lane, Unit B, Russell, ON ?

492 Falcon Lane, Unit B, Russell, ON is a Lower Level (1 Storey/Apt) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Central Air.

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Location

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492 Falcon Lane, Unit B, Russell, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Village of Russell, Russell

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 492 Falcon Lane B, Russell, ON K4R 0M5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Russell.

Configure Loan Settings

Interest Rate4.00%
Down Payment$600 (30.0%)
* Minimum Canadian down payment required for this price is $100.
Amortization Period30 Years
Estimated Monthly Payment$7Based on a loan of $1,400 over 30 years.
Purchase Price$2,000
Loan Amount$1,400
Provincial Land Transfer Tax:$10
Total Estimated Closing Taxes:$10

About Purchasing a Home in Russell, ON

For a property listed at $2,000 in Russell, the legal minimum down payment is $100 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10 for this transaction. As this listing is in Russell (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10.

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Village of Russell, Russell Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Village of Russell, Russell.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$739,389

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Village of Russell, Russell

Elementary Schools

Mother Teresa
Public1035 Concession Street, Russell, Ontario, K4R 1G7
7.5
Saint-Joseph
Public1008 North Russell Road, Russell, Ontario, K4R 1C8
5.1
Russell
Public982 North Russell Road, Russell, Ontario, K4R 1C8
5.1

Secondary Schools

St. Thomas Aquinas
Catholic1211 South Russell Road, Russell, Ontario, K4R 1E5
6.2

Village of Russell, Russell Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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