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$1,099,000

Est. $5,149/mo mortgage

5bd·4ba·2,500-3,000sqft

3386 Settlement Trail · London South, N6P 1W3

MLS® X13611624

58 days on market58 days on market

Listed Jul 28, 2026

Listing courtesy of Real Broker Ontario LTD·Updated Jul 28

Description

Tucked into the heart of sought-after Talbot Village in South London, just minutes from Lambeth, 3386 Settlement Trail offers the kind of lifestyle families are searching for: space to grow, room to gather, and a neighbourhood filled with parks, trails, schools, and everyday conveniences. Known as one of South London's fastest-growing communities, Talbot Village is loved for its family-friendly feel, newer schools, nearby shopping, quick access to the YMCA and community centre, and easy connections to Highways 401 and 402. Inside, this home makes an unforgettable first impression. The soaring two-storey ceiling and striking fireplace wall create a dramatic focal point in the main living area, while oversized windows fill the space with natural light. The open concept layout keeps everyone connected, whether you are preparing meals in the kitchen, helping with homework at the island, or hosting family dinners in the separate formal dining room. A main floor bedroom or office adds flexibility for today's lifestyle, perfect for working from home, overnight guests, or multi-generational living. The powder room, mudroom, and laundry room add even more function to the main level. Upstairs, there is room for the whole family with four spacious bedrooms, including a private primary retreat with a walk-in closet and ensuite bath. A second five-piece bathroom helps make busy mornings easier. The fully finished lower level offers a large family room, additional bedroom, den, and a four-piece bath. Outside, the fully fenced backyard is incredibly private, complete with an awning-covered patio, plus natural gas hookups for both a BBQ and fire table, making it the perfect setup for summer entertaining, quiet mornings, and evenings with family and friends. With over 3,800 square feet of finished living space, this is more than just a house. It is a place where family life fits beautifully.

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Property details

Interior

Size
2500-3000 sqft
Rooms
9 rooms
Bathrooms
1 × 2-piece on Main, 2 × 5-piece on Second, 1 × 4-piece on Basement
Basement
Finished, Full
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 2-Storey
Age
6-15 years
Lot size
51.26 × 108.4 ft · < .50 acres
Exterior
Stone, Vinyl Siding
Foundation
Poured Concrete
Roof
Shingles
Water & sewer
Sewer

Parking

Garage
2 car Attached
Driveway
Inside Entry, Private Double (2 spaces)
Parking
4 spaces

Fees & taxes

Property tax
$8,550/yr (2025)

Rooms

Main

Dining Room
4.63 × 3.52 m
Bedroom 2
3.36 × 3.36 m
Kitchen, Pantry
4.63 × 3.52 m
Laundry
2.16 × 1.82 m
Living Room
5.26 × 4.41 m
Foyer
3.33 × 1.8 m

Second

Bedroom 5
3.6 × 3.43 m
Primary Bedroom
5.26 × 3.62 m
Bedroom 4
5.46 × 3.41 m
Bedroom 3
4.09 × 3.96 m

Lower

Bedroom
4.54 × 3.29 m
Game Room
5.1 × 3.92 m
Family Room
8.31 × 5.04 m
Other
4.15 × 2.01 m
Utility Room
2.81 × 2.05 m

AI property estimate

$1,045,328Estimate is ~4.9% below asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$940,795$1,149,861

77% confidence · 29 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Lambeth

London South, ON

Growing south-end community with new builds and green space.

Schools

Lambeth Public School on Duffield Street (JK to 8, Fraser Institute rating 8.1/10, 2025 report card) scores well above the provincial median and is a major draw for families. St. George Separate School on Lynden Crescent serves Catholic families in the area.

Amenities

Main Street anchors local commerce with businesses like Spicer's Bakery, Tom's Food Market, Village Wine Cellar, and Lambeth Drugs, the kind of independent storefronts that give the neighbourhood its village character. Lambeth Centennial Park offers a spray pad, soccer fields, and the Lambeth Community Centre with its arena and library branch.

Lifestyle

Life in Lambeth moves at a deliberate pace, with neighbours who know each other and community events like Harvestfest drawing the whole area together each fall. Ralph Hamlyn Park and Lambeth Optimist Park offer baseball, soccer, and play structures for active families, while the quiet residential streets are a world away from the city's busier corridors.

Monthly paymentest. $6,290/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$5,149
Property tax$662
Insurance (est.)$229
Utilities (est.)$250
Total monthly$6,290
Land transfer tax$18,455 on closing

Ontario LTT

$18,455

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

$1,099,000

Listed Jul 28, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Sold comparables nearby

1193 Thornley Street, London SouthSold

1193 Thornley Street, London South

4 bd·3 ba·2,000-2,500 sqft
7038 Clayton Walk, London SouthSold

7038 Clayton Walk, London South

5 bd·4 ba·3,000-3,500 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in Lambeth

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 97.5% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$1,181,517

Sale-to-list ratio

97.5%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $265,000 household income

Minimum household income required

$265,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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