$940,000 - 3372 SETTLEMENT Trail, London South
Detached for Sale in London South
87 days on market- MLS Number
- X12913940
- Property Type
- Detached
- Status
- active
- Days on Site
- 87
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- London South
- Listing Brokerage
- CIRCLE REAL ESTATE
Fabulous family home for sale in Talbot Village: one of London's best neighborhoods! Close to the Bostwick YMCA, Library, Shopping, Schools & Parks, Plus easy quick access to hwy 402/401. This 2 storey Home is Fully finished top to bottom with total square footage of approx 3339 sq feet (2539 AG). A welcoming large covered front porch and oversized 2 car garage with built in storage racks are some of this homes excellent features. The Main floor has open sight line to the back yard, oversized formal dining area (with room to have a office/play space), eat-in kitchen with gas stove, and large living room (with California shutters). Upstairs the master bedroom is a relaxing retreat with French doors, California shutters, large walk-in closet with multiple built in shelving units, ensuite with soaker tub and HEATED floors! Upper level laundry and 3 additional bedrooms, provide plenty of space for the family. Finished basement has a Kitchen, Washroom & Bedroom with separate entrance and Large storage/utility area. Electrical panel has extra surge protection and cold room. The backyard is the ultimate stay-cation with covered stone patio, area to mount a T-V, built in outdoor speaker system, 2 gas lines for BBQS, landscaping, fully fenced and storage shed. The perfect yard to sit back and enjoy after a walk through the nearby trails, park, and beautiful neighborhood.
Estimate your monthly payments for this property
Estimated Payment
$4,822.69/mo
Includes CMHC insurance ($26,226)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover London South
London South is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in London South
- •Convenient location in London South
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
London South offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
3372 SETTLEMENT Trail, London South
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $376/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 87 days on site, this property has exceeded the typical selling timeline for London South. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in London South are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in London South.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: London South properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,917 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.