46 First Ave is a 2-bedroom, 1-bathroom detached home in Russell, listed for $399,000. It has < 700 sq ft of living space.
1Inside, the home offers an efficient layout designed for comfortable, low-maintenance living.
2The property features an expansive deck overlooking a large backyard, perfect for outdoor entertaining and relaxation, along with a large storage shed.
3A long private driveway easily accommodates up to three vehicles.
Located at 46 First Ave in Russell, Ontario, this adorable 2-bedroom, 1-bathroom bungalow is ideal for first-time buyers, downsizers, or investors. Inside, the home offers an efficient layout designed for comfortable, low-maintenance living. The property features an expansive deck overlooking a large backyard, perfect for outdoor entertaining and relaxation, along with a large storage shed. A long private driveway easily accommodates up to three vehicles. Situated in a quiet neighborhood close to local amenities, schools, and parks, this charming home presents an affordable opportunity for detached homeownership with exceptional outdoor space.
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $570 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 46 First Ave
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
< 700 sq ftas stated on the listing
Parking
3 spaces
Basement
Partially Finished
Features & systems
Parking & garage
Parking spaces
3
Interior
Basement
Partially Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
46 First Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14028796$399,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 46 First Ave Compares to the Russell Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,960
/mo
based on the purchase price of $399,000
$79,800 cash
$319,200 financed
$268,850 total interest
Principal54%$319,200
Interest46%$268,850
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Russell
Other 2-bed homes for sale in Russell around $399K.
Average days on market51Homes sold in about 51 days on average.
Sale-to-list ratio98.5%On average, homes sold below asking.
Active listings160Homes for sale here right now.
Median vs prior 90 days−5.9%Compared with Apr 16 – Jul 15, 2026: prices down.
Based on 135 sales from Jul 15 – Oct 13, 2026 (82 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 46 First Ave
How much is 46 First Ave listed for?
46 First Ave is listed at $399,000 (MLS® X14028796). Summitly updates the price as soon as the MLS® record changes.
Is $399,000 a good price for 46 First Ave?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Russell. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 46 First Ave changed?
No — 46 First Ave is still listed at its original asking price of $399,000.
How many bedrooms and bathrooms does 46 First Ave have?
46 First Ave has 2 bedrooms and 1 bathroom, with about 700 square feet of living space. It is a detached home in Russell.
How much would the monthly mortgage be on 46 First Ave?
About $1,960 a month — principal and interest on $399,000 with 20% down ($79,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
Are there open houses at 46 First Ave?
Yes — Sunday, October 18, 2:00 PM – 4:00 PM. Open-house times come from the listing brokerage and can change, so check this page before you go, or book a private viewing.
How does 46 First Ave compare with other homes in Russell?
Its asking price of $399,000 is about 37% below the median sold price in Russell over the last 90 days, $630,000, across 135 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 46 First Ave been sold before?
Summitly has no earlier MLS® sale or lease of 46 First Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 46 First Ave?
46 First Ave is in Russell, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 46 First Ave been on the market?
46 First Ave was listed today (October 13, 2026).
What is the price per square foot of 46 First Ave?
About $570 per square foot: the asking price of $399,000 over the 700 sq ft the listing gives.
