3275 Settlement Tr
South V, London South, Ontario N6P 1W2
- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 2,000–2,500sq ft
- Per sq ft
- $367at the range’s middle
- Lot
- 40.44 x 109.58 ft
- Tax a year
- $6,5212025 tax year
- Built
- 16-30
- Parking
- 31 attached
- Days on market
- Members
The brief
About 3275 Settlement Tr
3275 Settlement Tr is a 3-bedroom, 3-bathroom detached house in South V, London South, listed for sale at an asking price of $824,900 (MLS® X14092218).
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.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall21/100−$1,682/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 6 homes with 3 bedrooms for lease in South V right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $6,521 / 2025
- MLS® number
- X14092218
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 16-30
- Days on market
- Size
- 2000-2500 sqft
- Lot Size
- 40.44 x 109.58 ft
- Listed on
- Parking
- 1 Attached, 3 Parking
Property details
Property
- Property Type
- Detached
- Style
- Backsplit 4
- Community
- South V
- Municipality
- London South
Building
- Size
- 2000-2500 sqft
- Building Age
- 16-30
- Construction
- Brick
Inside
- Bedrooms
- 3
- Bathrooms
- 3
- Bathroom Details
- 1 × 4pc 2nd, 1 × 3pc 2nd, 1 × 3pc Lower
- Basement Type
- Partly Finished
- Kitchens
- 1
Parking
- Driveway
- Private
- Garage Type
- Attached
- Garage
- 1
- Additional Parking
- 2
- Total Parking
- 3
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 40.44 ft
- Depth
- 109.58 ft
- Lot Size
- 40.44 x 109.58 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Fridge, Stove, Dishwasher, Washer & Dryer, Hot tub
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 5.81 × 5.47 m | Gas Fireplace | Main |
| Kitchen | 3.76 × 2.8 m | — | Main |
| Breakfast | 1.96 × 2.78 m | — | Main |
| Dining | 3.87 × 2.8 m | — | Main |
| Primary | 4.47 × 4.68 m | Balcony, Overlook Water | 2nd |
| Bathroom | 2.64 × 2.36 m | 4 Pc Ensuite | 2nd |
| Br | 3.32 × 3.29 m | Overlook Water | 2nd |
| Bathroom | 2.09 × 2.99 m | 4 Pc Bath | 2nd |
| Laundry | 1.58 × 2.12 m | — | 2nd |
| Rec | 4.41 × 6.95 m | — | 3rd |
| Br | 3.77 × 3.52 m | Overlook Water | Lower |
| Bathroom | 2.01 × 2.86 m | 3 Pc Bath | Lower |
| Family | 7.19 × 4.41 m | Sliding Doors, Walk-Out, Overlook Water | Lower |
| Utility | 5.84 × 5.5 m | — | Bsmt |
| Study | 6.16 × 3.61 m | — | Bsmt |
| Other | 2.46 × 4.49 m | — | Bsmt |
Listing history
Buy/sell history for 3275 Settlement Tr, London South, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $824,900 | N/A | For Sale | X14092218 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $164,980
- Total mortgage amount
- $659,920
- Total interest payment
- $469,280
- Total purchase cost
- $1,294,180
- Mortgage payment
- $3,764/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
56%Monthly carrying cost
$4,307- Rent $2,625
- Shortfall $1,682
Rental income opens at $2,625, the median asking rent of 6 comparable homes for lease in South V. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $12,973
- Total land transfer tax
- $12,973
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $8,973
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $824,900
- $8,498
- Ontario total
- $12,973
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 4,431 sq ft412 m²
- Street frontage
- 40.44 ft12.3 m
- Depth
- 109.58 ft33.4 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- A mapped wetland is within 120 mDevelopment close to a wetland can need extra review.120 m
- 1 water-supply well recorded within 250 mFrom Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 38.6 m.250 m
- Groundwater recorded about 26.1 m below ground nearbyThe middle water level in the well records within 500 m (4 records). It changes with the season and from spot to spot.500 m
Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Environmental records4
- 2 licensed pits or quarries within 2 kmThe nearest is 1.7 km away, as mapped.2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by London Hydro Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at a household 80 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (80 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.80 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, TekSavvy, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Upper Thames River Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Detached homes for sale in South V right now
- For sale now
- 157
- Median asking price
- $929K
- New in 7 days
- 10
- Price cuts
- 15%
Middle half: $836K to $1.13M
41 in 28 days
23 listings
This home is asking 11% below the median, lower than three quarters of them.
See all homes in South VAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| École élémentaire La PommeraieConseil scolaire Viamonde | French-language public · grades JK–6 | 600 m | 77%Grade 6 average |
| White Pine Public SchoolThames Valley DSB | Public · grades K–8 | 1.4 km | — |
| Byron Somerset Public SchoolThames Valley DSB | Public · grades JK–8 | 2.1 km | 85%Grade 6 average |
| St. Rose of Lima Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 2.3 km | 81%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Saunders Secondary SchoolThames Valley DSB | Public · grades 9–12 | 2.4 km | 46%Grade 9 math |
| Westminster Secondary SchoolThames Valley DSB | Public · grades 9–12 | 4.3 km | 38%Grade 9 math |
| St Thomas Aquinas Secondary SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 4.7 km | 64%Grade 9 math |
| Oakridge Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 5.1 km | 64%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in South V are shown to signed-in members.