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Investment Highlights

  • property presents many development possibilities (subject to approvals) and is well suited for residential, commercial, or mixed-use concepts.

Executive Summary

Rare development opportunity in the booming Town of Russell. This approximately 33,670 sq. ft. fully serviced parcel offers excellent visibility in a high-exposure location with attractive water views. Ideally situated in a growing community, the property presents many development possibilities (subject to approvals) and is well suited for residential, commercial, or mixed-use concepts.The property includes a double-door garage with entry access and a ramp leading to the basement area. A new fibreglass oil tank with a 30-year lifespan was installed in 2026, adding long-term reliability to the existing structure.With strong visibility, municipal services in place, and significant growth in the surrounding area, this is an outstanding investment opportunity.

Property Facts

Price $1,599,900 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.77 AC

1 Lot Available

Lot

Price $1,599,900 CAD
Price Per AC $2,077,792.21 CAD
Lot Size 0.77 AC

Ideally situated in a growing community, the property presents many development possibilities (subject to approvals) and is well suited for residential, commercial, or mixed-use concepts.

  • Listing ID: 39742403

  • Date on Market: 2026-03-11

  • Last Updated:

  • Address: 277 Castor St, Russell, ON K4R 1B8

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