3275 Settlement Trail, London South

$824,900
3275 Settlement Trail

$824,900

New
4d
DetachedBacksplit 4

3275 Settlement Trail, London South

Total Monthly Obligation $4,246

Beds
3
Baths
3
Park
2
Sqft
2000-2500
DOM
4d
Score
19
Yield
5.0%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Detached
MLS® Number-X14092218
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-40.44 × 109.58 ft
Listed on site-Oct 19, 2026
Style-Backsplit 4
Building Type-Detached
Age-16-30
Taxes-$6,521 (2025)
Parking-3 - Attached
Basement-Partially Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX ADVANTAGE REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-South V
Title-Residential Freehold

No agent assigned

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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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$659,920
Land Transfer Taxes$12,973
Legal Fees (Est.)
$
Total cash required for closing$179,453

Total Monthly Obligation

$4,246/mo
Mortgage $3,327
Monthly Loss $3,370
Principal$876
Interest$2,452
Property Tax$543
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.7%1
5-Year IRR
9.6%32
10-Year IRR
10.3%
Returns Index
17.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$41,400/yr
NOI
$26,239/yr
Net Cash Flow
-$1,141/mo
Cash Margin
-33.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
20.8/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 3275 Settlement Trail

Time

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