$545,000
For sale: Detached

16 Gold Crescent offers the kind of opportunity that is getting more and more difficult to find: a fully detached 3-bedroom, 2-bath raised bungalow with an attached double garage, set on an oversized pie-shaped lot in the heart of Russell. Offered for the first time in more than 40 years, the home sits on a quiet, low-traffic crescent with a backyard measuring nearly 120' wide and close to 150' deep at its longest point. Inside, the home is ready for its next chapter and presents a great chance to update at your own pace, build equity, and make the space your own. The fundamentals are here: a practical layout, good bones, generous lot, and a setting that works well for long-term family living. Walk to Keith Boyd Park, the arena, fairgrounds, skatepark, community market and nearby schools, with everyday amenities close at hand and downtown Ottawa still within a reasonable commute. A solid home, a standout lot, and plenty of potential. No conveyance of offers prior to 9:00 AM Friday October 9th.
Sold data
Detached homes in Russell took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 64, across 50 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.
The median sale price was $685,950.
Homes sold for about 1.7% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 36% of sellers reduced their price before finding a buyer.
Based on 50 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Russell has 5 Fraser Institute–rated schools (3 elementary and 2 secondary), averaging 5.9/10.
School ratings from the Fraser Institute's Ontario school report cards.
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