Listed for:Listed Jul 8, 2026
$760,000

8 Settlement Lane

Russell (Village of Russell), ON K4R 0A4

Detached House For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 8 Settlement Lane, Russell, Village of Russell

No listing history available

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About 8 Settlement Lane, Russell, Village of Russell

Summarized Description

  • Beautifully maintained 2+2 bedroom bungalow.
  • Energy Star Home with open-concept design.
  • Stunning kitchen with quartz island and pantry.
  • Luxurious primary bedroom with 5-piece ensuite.
  • Fully finished lower level with recreation room.
  • Insulated double-car garage for year-round comfort.
  • Family-friendly neighborhood near schools and parks.
  • Recent updates enhance home comfort and efficiency.

Welcome to this beautifully maintained 2+2 bedroom bungalow in the sought-after community of Russell Trails. This Energy Star Home Offers a bright, open-concept design with hardwood flooring, this home is perfect for both everyday living and entertaining. The stunning kitchen is the heart of the home, featuring a large quartz island with breakfast bar, walk-inpantry, dedicated coffee station, and a spacious eating area complete with a built-in work station, ideal for workingfrom home or helping with homework. The inviting living room is highlighted by a beautiful floor-to-ceiling stone gasfireplace, creating a warm and welcoming atmosphere. Retreat to the spacious primary bedroom with a generouswalk-in closet and luxurious 5-piece ensuite featuring a relaxing soaker tub and separate walk-in shower. A second well-sized bedroom, full 4-piece bathroom, and convenient main floor laundry complete this level. The fully finished lower level offers exceptional additional living space with a large recreation room, two generous bedrooms, amodern 3-piece bathroom, and an oversized utility/storage room. Step outside to enjoy the fully fenced backyard, designed for entertaining and relaxation with a covered porch, two-tier deck, and cozy fire pit area. The insulated and heated double-car garage provides year-round comfort and functionality. Ideally located in a family-friendly neighbourhood within walking distance to schools, parks, shopping, and everyday amenities. Recent updates include furnace and air conditioner (2024), front door (2023), eavestroughs (2023), Celebright Permanent Eave lighting installed (2023), patio door (2020), and roof shingles (2009). This exceptional home offers the perfect combination of comfort, style, and location, a wonderful place to call home.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,354
Land Transfer Tax Fee
$11,675

Rental Items

Rental Equipment
Hot Water Tank
Under Contract
Hot Water Tank-Gas

Basement Type
Full

Interior Features

Laundry Level
Main Level
Interior Extras
Auto Garage Door Remote, Bar Fridge, Central Vacuum, Storage
Security Features
Alarm System
Fireplace/Stove
Yes
Fireplace Features
Natural Gas
Elevator
No

Exterior Features

Exterior Extras
Deck, Landscaped, Porch
Pool
None
Property Features
Fenced Yard, School

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Stone, Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
52.53 ft
Lot Shape
Irregular

Inclusions

Inclusions
Refrigerator, stove, microwave hood fan, dishwasher, washer, dryer, window blinds, curtains and rods, auto garagedoor opener x 2, storage shed, metal storage rack in garage, upper shelving in garage, electric heater in garage, central vac and attachments, bar fridge

Exclusions

Exclusions
Freezers x 2 in garage

Parking & Garages

Garage Type
Attached
Garage Spaces
2
Parking Spaces
6
Total Garage And Parking Spaces
8

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
2 + 2
Washrooms
3
Kitchens
1

Room sizes

  • Bathroom—
    Main level, 4 Pc Bath
  • Bathroom—
    Main level, 5 Pc Ensuite
  • Kitchen—
    Main level
  • Foyer—
    Main level
  • Bathroom—
    Lower level, 3 Pc Bath
  • Recreation—
    Lower level
  • Primary Bedroom—
    Main level
  • Living Room—
    Main level
  • Bedroom 2—
    Main level
  • Bedroom—
    Lower level
  • Laundry—
    Main level
  • Bedroom—
    Lower level
  • Dining Room—
    Main level
  • Breakfast—
    Main level

Washrooms

  • 4-piece, Main
  • 5-piece, Main
  • 3-piece, Lower

Municipality
Russell
Neighbourhood
Village of Russell
Main cross streets
Yorks Crossing
Directions
South on North Russell Rd, Left on York Cross, Right on Settlement or Hwy 417East Boundary Exit #96; Right on Boundary. Left on Craig. Left on Concession. Right on Yorks Crossing. Right on Settlement.

MLS® number
X13537678
Data source
Toronto Regional Real Estate Board
Listed on
2026-07-08
Updated on
2026-07-08
Days on market
105 days
Possession type
60-89 days
Co-op commission
2.0%
Seller
Listed by
RE/MAX ABSOLUTE WALKER REALTY

Home Market Value

Current home valuation for 8 Settlement Lane, Russell, Village of Russell, Russell, ON. Listed for $760,000

HOMEH Estimate

?

$725,943

Estimated Sales Range

?

$573,495 - $878,391

HOMEH Estimate for 8 Settlement Lane, Russell, Village of Russell

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$725,943Medium confidence
Based on 15 comparable properties
+ $34,057 (5%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Russell, ON
Minimum Down Payment Required:6.7%

5% on first $500K + 10% on $260,000 over $500K

Minimum down payment

$51,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$28,333$21,204$18,088$0
=Total mortgage
$736,653$705,204$664,088$608,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,597monthly$3,443monthly$3,242monthly$2,969monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$11,675

Total Land Transfer Tax

$11,675

Around this home

6/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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