$2,300,000
For sale: Other

Approx. 7000 square feet of retail commercial/residential space located on the main street (Notre-Dame) with 18 parking spots. The plaza is fully leased with 5 retail tenants and 2 residential tenants. Located in the heart of Embrun, Municipality of Russell with approximately .4 acres, zoned general commercial which allows for many uses. A short drive to Ottawa, Embrun/Russell is experiencing a rapid population expansion, infrastructure investment, and with 300-400 building permits issued annually.
Sold data
Homes in Embrun took a median of 41 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 53, across 32 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 74 days.
The median sale price was $624,950.
Homes sold for about 1.8% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
Based on 32 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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