3700 Settlement Tr

South V, London, N6P 0A6
FOR SALE
$1,249,900
3700 Settlement Tr, London
3700 Settlement Tr
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
8 + 2
ROOMS
X10410726
MLSID
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Property Description
Beautiful 3 bedroom one floor home in South London ( Lambeth / Settlement Trail community ) boasting over 3300 sq ft of finished living space ! Impeccable landscaping front and back with the addition of an inground kidney shaped pool, and custom stone fireplace, you will enjoy summertime gatherings in comfort and style ! Open concept interior floor plan flows effortlessly from the gourmet kitchen with granite counters, and peninsula sitting area, to the family area in front of the gas fireplace, or walkout to the covered patio with composite decking overlooking your private backyard oasis. Check out the games room in the finished basement area ( note high ceilings ) , lounge area for catching a game or movie nights in front of another gas fireplace. His and hers closets in the primary bedroom as well as a luxurious private 5 piece ensuite bathroom. The area offers all expectations for shopping and schools including a new elementary school underway and French immersion options. Enjoy evenings on your front porch taking in the view of the protected Talbot Village wetlands forested area with access to plentiful walking trails.
Extras
Outdoor patio and stone woodburning fireplace.
Property Features
Fenced Yard, Park, Place Of Worship, Rec Centre, School, Skiing
Property Details
Community
City
Property Type
Detached, Bungalow
Lot Size
72' x 120'
Acreage
< .50
Lot Irregularities
Lot widens at the rear of the lot
Fronting
South
Taxes
$9,392 (2024)
Basement
Part Fin
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
3
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerMain18.24' x 14.30'
LivingMain17.06' x 14.63'
KitchenMain11.75' x 13.09'
DiningMain15.55' x 10.01'
Prim BdrmMain15.98' x 11.78'
BrMain15.98' x 12.73'
BrMain12.24' x 12.73'
LaundryMain6.92' x 6.79'
FamilyBsmt25.20' x 22.11'
RecBsmt38.52' x 27.00'
UtilityBsmt13.42' x 13.22'
London Market Statistics
London Price Trend
3700 Settlement Tr is a 3-bedroom 3-bathroom home listed for sale at $1,249,900, which is $614,631 (96.8%) higher than the average sold price of $635,269 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in London increased by $7,395 (1.2%) compared to the previous 30 day period (September 21 - October 20) and up $22,603 (3.7%) from the same time one year ago.
Inventory Change
There were 232 3-bedroom homes listed in London over the last 30 days (October 21 - November 19), which is down 23.9% compared with the previous 30 day period (September 21 - October 20) and up 700.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($13,350) (2.1%) below asking price over the last 30 days (October 21 - November 19), which represents a $1,333 decrease compared to the previous 30 day period (September 21 - October 20) and ($10,566) 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 3-bedroom homes in London over the last 30 days (October 21 - November 19) stood at 91.4%, up from 63.6% over the previous 30 days (September 21 - October 20) and up from 62.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in London stood at 26 days when successfully sold over the last 30 days (October 21 - November 19), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Triland Realty
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