Two-storey family home with finished basement in Talbot Village, South London

Property details for 3386 Settlement Trail, London South

Type: Residential
Bedrooms: 6
Bathrooms: 4
Lot Size: 51.3 x 108.4 FT ; 108.40ft x 57.39ft x 110.77ft x 51.34ft
Stories: 2
Basement: Finished, Full
Parking: Attached Garage, Garage, Inside Entry
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Air exchanger
Exterior: Stone, Vinyl siding
Ownership: Freehold
Annual Taxes: $8,550

This is a 5-bed, 4-bath house with 4 beds above grade and 1 below. It's a 2-storey with a full finished basement. Photos show a stone and vinyl exterior, plus a two-storey ceiling in the main living area with a fireplace. An open concept main level includes a kitchen, separate dining room, and a main floor office or bedroom. Upstairs has 4 bedrooms, including a primary with walk-in closet and ensuite. The basement adds a family room, games room, and a 5th bedroom. There's a fully fenced backyard with a patio and natural gas hookups for a BBQ and fire table. This level lot measures 51.3 x 108.4 ft. It has 4 parking spots in an attached garage with inside entry. Heating is forced air natural gas, cooling is central air with an exchanger. Located in Talbot Village, it's 2.1 km from Saunders Secondary School and near community centres. The price is $1,145,000, with a median nearby sold price of $1,014,950. Annual taxes are $8,550.

About 3386 Settlement Trail, London South — Property Score

Great Location Hot Market

Score: 66/100

Value

Priced 27.2% above area median of $899,900 based on 205 comparable properties nearby 29

Stable pricing - no price changes since original listing date 50

Size

5 bedrooms - 1 more than similarly priced 4-bedroom homes nearby 72

4 bathrooms - typical for similarly priced properties 60

5,561 sqft lot - a standard lot for the area 65

Location

$103K median household income - above the Canadian average of $70K 82

89% of residents hold postsecondary credentials - a highly educated neighbourhood 96

71% homeownership rate - indicating a stable, owner-occupied community 80

76% of residents commute under 30 minutes - excellent commuter accessibility 91

714/km² population density - a low-density residential area 65

Market

Just listed - area average is 76 days on market 100

+43.4% median price change over 1 month - rising prices in the area 100

24.4 months of housing supply - 244 active listings with 10 sold last month (buyer's market) 40

Features

4-car garage - area average is 4.6 spots 95

Finished, Full basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

1 fireplace - a desirable feature for Canadian winters 75

No premium extras like pool, waterfront, or view 50

Investment

0.75% effective tax rate ($8,550/yr) - below the Canadian average of ~1% 78

29% renter population - primarily owner-occupied area 64

Quality

Condition

Listing

44 photos provided - 26% more than the area average of 35 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.