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New1 day ago

3275 Settlement Trail

South V, London South

$824,900

Detached|Backsplit 4
3 | 3 | 3
About this home

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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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBacksplit 4
Approx. Age16-30
Size2000-2500 sq. ft.
Property Tax$6,521
Lot Size40.44 ft x 109.58 ft
mls© NumberX14092218
Listed ByRE/MAX ADVANTAGE REALTY LTD.

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,222
Property tax
$543
Heat allowance
$150
Housing costs
$4,916 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $164,980
25-yr amortization

Income needed

$151,000

gross annual household income

Payment at 4%
$3,471 / mo
Cash down
$164,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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