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Property Description
**BONUS $60,000 FINISHED BASEMENT ALLOWANCE. Welcome to 3553 Settlement Trail, a captivating residence nestled in the beautiful neighbourhood of Talbot Village on an 83 ft frontage lot. This stunning home boasts over 4,000 finished square feet, offering an abundance of space and luxury with 5 bedrooms and 5 bathrooms. Immaculately maintained, this home exudes pride of ownership. Walk in to the 2 storey foyer with plenty of natural daylight. Your main level features a large office for private at home workspace, 2 piece bath, a large dining room with a butler's pantry entering into the large eat in kitchen with walk in pantry. The great room features a beautiful gas fireplace surrounded by built-ins. Step outside to enjoy nature and wildlife at its best backing onto the forest with the feeling of peaceful country living. Walk out from your main floor mudroom to the heated 4-car garage providing comfort on those cold days and with the convenience of a 2 piece bathroom. Your upper level features 4 bedrooms, 2 full baths, and the laundry room. The 3 spare rooms for your guests or your kids are all oversized allowing for king size beds. The primary bedroom is a masterpiece with the well crafted tray ceiling overlooking the 18 ft x 16 ft room. Walk around the corner to your 23 ft x 10 ft walk in closet and your 6 piece ensuite. Your lower level features the 5th bedroom, 3rd full bathroom, 3 cold cellars, plenty of storage, and a large unfinished area for you to put your own design to. Outside, the all-stone and stucco exterior and design is like nothing you've ever seen and is professionally landscaped for great curb appeal. Additional details: A/C, washer, and dryer new in 2023, roughed in for irrigation and gas generator, hot water heater owned, all appliances included, TV and speaker in great room included, Generac surge protector, backyard hot tub electrical installed, 200 amp electrical panel. Experience luxury living in Talbot Village with this pristine property.
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Property Features
Park, Place Of Worship, Public Transit, Rec Centre, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
83' x 120'
Acreage
< .50
Lot Irregularities
83.27 ft x 120.40 ft x 53.51 ft
Fronting
East
Taxes
$11,061 (2023)
Basement
Full, Part Bsmt
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Office | Main | 11.75' x 9.09' | |
| Mudroom | Main | 11.75' x 9.09' | |
| Living | Main | 17.42' x 17.75' | |
| Kitchen | Main | 23.92' x 14.40' | |
| Dining | Main | 10.76' x 14.99' | |
| Breakfast | Main | 9.84' x 8.33' | |
| Br | Upper | 10.99' x 17.91' | |
| Br | Upper | 10.76' x 16.50' | |
| Br | Upper | 9.91' x 16.57' | |
| Prim Bdrm | Upper | 15.91' x 18.34' | |
| Br | Bsmt | 9.42' x 13.75' | |
| Bathroom | 2nd | 10.83' x 21.49' | 6 Pc Ensuite |
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London Market Statistics
London Price Trend
3553 Settlement Tr is a 4-bedroom 5-bathroom home listed for sale at $1,788,000, which is $867,734 (94.3%) higher than the average sold price of $920,266 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 4 bedroom home in London increased by $30,992 (3.5%) compared to the previous 30 day period (July 17 - August 15) and up $88,266 (10.6%) from the same time one year ago.Inventory Change
There were 141 4-bedroom homes listed in London over the last 30 days (August 16 - September 14), which is up 18.5% compared with the previous 30 day period (July 17 - August 15) and up 422.2% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($42,134) (4.6%) below asking price over the last 30 days (August 16 - September 14), which represents a $19,974 decrease compared to the previous 30 day period (July 17 - August 15) and ($30,444) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in London over the last 30 days (August 16 - September 14) stood at 49.6%, down from 58.0% over the previous 30 days (July 17 - August 15) and up from 29.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in London stood at 39 days when successfully sold over the last 30 days (August 16 - September 14), compared to 72 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Centre City Realty Inc.
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