$1,099,000 - 3386 Settlement Trail, London South
Detached for Sale in London South
58 days on market- MLS Number
- X13031576
- Property Type
- Detached
- Status
- active
- Days on Site
- 58
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- London South
- Listing Brokerage
- REAL BROKER ONTARIO LTD
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.
Estimate your monthly payments for this property
Estimated Payment
$4,861.25/mo
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.
3386 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 $440/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 58 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 6 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 4 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 $4,579 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.