$599,000
73 Mill Street, Russell, ON K4R 1E1
3 Beds
2 Baths
4 Parking
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. Pre-listing inspection of file.

Property Summary

Property Type Residential Freehold
Property Sub Type Detached
Transaction Type For Sale
Style Bungalow
Bedrooms Above Grade 2
Bedrooms Below Grade 1
Bathrooms 2
Kitchens 2
Basement Walk-Out, Apartment, Full, Finished, Separate Entrance
Exposure South
Possession Flexible

Building

Building Type Detached
Square Footage 700-1100
Exterior Brick
Foundation Concrete Block
Roof Asphalt Shingle
Heating Forced Air
Heat Source Gas
Cooling Central Air
Fireplace Yes

Measurements

Lot Size 80.01 x 181.72
Lot Size Units Feet
Frontage 80.01
Depth 181.72
Total Living Area 700-1100

Land

Address 73 Mill Street, Russell, ON K4R 1E1
City Russell
Community 601 - Village of Russell
County / Area Prescott and Russell
Cross Street Mill Street and Concession Street
Sewer Sewer
Pool None
Parcel Number 690760112

Parking and Garage

Total Parking 4
Garage Spaces 2
Garage Type Attached

Taxes and Listing Info

List Price $599,000
Annual Taxes $4,405
Tax Year 2025
Status Active
Listing Date 2026-05-22T22:52:23Z
Updated 2026-05-22T22:59:04Z
MLS Number X13164968
Local Market Insight

What Buyers Should Know About 73 Mill Street, Russell, ON K4R 1E1

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

73 Mill Street, Russell, ON K4R 1E1 is positioned in 601 - Village of Russell, a part of Russell where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Bungalow, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Detached should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Mill Street and Concession Street, public transit options, parking availability, and drive times to employment areas. A property with 4 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $599,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 3 bedrooms, 2 bathrooms, basement details marked as Walk-Out, Apartment, Full, Finished, Separate Entrance, and a lot size of 80.01 x 181.72, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Russell, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around 601 - Village of Russell. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 73 Mill Street, Russell, ON K4R 1E1, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.