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For sale
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$824,900

Estimated value $784K to $866K

Est. $3,864/mo mortgage

3bd·3ba·2,000-2,500sqft

3275 Settlement Trail · London, N6P 1W2

MLS® X14092218

7 days on market7 days on market

Listed Oct 19, 2026

Listing courtesy of Re/max Advantage Realty LTD.·Listing last changed 6 days ago

Key facts

Property type
Detached
Square footage
2,000-2,500 sqft
Lot size
40.44 × 109.58 ft
Age
16-30 years
Parking
3 spaces
Property tax
$6,521/yr (2025)

Description

Backing onto the water in a private, natural setting, this clean, meticulously maintained home offers 3 bedrooms, 3 bathrooms, water views and a long list of completed updates. The open concept living room and kitchen are defined by a soaring vaulted ceiling, with hardwood flooring, a fireplace, a separate dining room and a kitchen island with seating. The updated kitchen (2026) features stainless steel appliances, an induction Chef's stove (2025), breakfast nook, and oversized double sink. The bathrooms have been updated in 2026. Upstairs, the Primary Bedroom has a walk-in closet and ensuite, a patio door and transom window (2023), a remote control blind (2025) and a balcony with glass railing (2018) overlooking the water & trees - the perfect place for morning coffee or to watch the sunset. A second bedroom, 4 pc bathroom and laundry complete this level. The lower level holds a family room which overlooks the water with a walkout through a sliding glass door, a 3rd bedroom and bathroom, while the unfinished basement is roughed in for a 4th bedroom and a family room/office, with a large crawl space for storage. Outside, the Azek 35-year composite deck (2018) with glass railing and awning overlooks the private backyard and the water, with a direct natural gas BBQ line. Perennials surround the home - low maintenance gardens . The roof (2023) comes with a transferable warranty, the sidewalk was completed in 2019, and the 1+ car garage and driveway provide convenient parking. A modest front gives way to a surprisingly spacious interior, set on a beautiful lot. Enjoy the 4 km of natural walking trails nearby, close to Talbot Park, École élémentaire La Pommeraie, Lambeth Public School, groceries and shopping along Southdale Road West and Wonderland Road South, with close access to the 400 series highways. Book your private showing today.

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Property details

Interior

Size
2,000-2,500 sqft
Rooms
12 rooms
Bathrooms
1 × 4-piece on Second, 1 × 3-piece on Second, 1 × 3-piece on Lower
Basement
Partially Finished, Full
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Backsplit 4
Age
16-30 years
Lot size
40.44 × 109.58 ft
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
1 car Attached
Driveway
Private (2 spaces)
Parking
3 spaces

Fees & taxes

Property tax
$6,521/yr (2025)

Rooms

Main

Kitchen
2.8 × 3.76 m
Living Room, Gas Fireplace
5.47 × 5.81 m
Dining Room
2.8 × 3.87 m
Breakfast
2.78 × 1.96 m

Second

Primary Bedroom, balcony, overlook water
4.68 × 4.47 m
Bathroom, 4 Pc Ensuite
2.36 × 2.64 m
Bedroom, Overlook Water
3.29 × 3.32 m
Laundry
2.12 × 1.58 m
Bathroom, 4 Pc Bath
2.99 × 2.09 m

Third

Recreation
6.95 × 4.41 m

Lower

Bathroom, 3 Pc Bath
2.86 × 2.01 m
Family Room, sliding doors, walk-out, overlook water
4.41 × 7.19 m
Bedroom, Overlook Water
3.52 × 3.77 m

Basement

Study
3.61 × 6.16 m
Other
4.49 × 2.46 m
Utility Room
5.5 × 5.84 m

Estimated value range

$784K to $866K

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions
Lambeth →

London South, ON

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

Schools nearbyclosest is École élémentaire La Pommeraie, 620 m

Elementary

  • École élémentaire La Pommeraie

    620 m · Grades JK-6

    Conseil scolaire Viamonde

    7.8
  • White Pine Public School

    1.4 km · Grades K-8

  • Byron Somerset Public School

    2.1 km · Grades JK-8

    Thames Valley District School Board

    8.2

Secondary

  • Saunders Secondary School

    2.4 km · Grades 9-12

    Thames Valley District School Board

    4.9

Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.

Monthly paymentest. $4,830/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,864
Property tax$543
Insurance (est.)$172
Utilities (est.)$250
Total monthly$4,830
Land transfer tax$12,973 on closing

Ontario LTT

$12,973

First-time rebate

−$4,000

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

Price & listing history

$824,900

Listed Oct 19, 2026

On the market

Sold comparables nearby

31 Foxcroft Crescent, London SouthSold

31 Foxcroft Crescent, London South

4 bd·3 ba·2,000-2,500 sqft
61 Somerset Road, London SouthSold

61 Somerset Road, London South

4 bd·3 ba·1,500-2,000 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

7 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 97.4% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$716,583

Sale-to-list ratio

97.4%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $200,000 household income

Minimum household income required

$200,000

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

Not sure about financing? Ask Colin →
Rental market$2,800/mo median for 3 bed nearby

$2,800/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 18 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

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Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

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(226) 212-5099 · colin@searchlondonhomes.com

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