56 Settlement Lane, Russell, ON

$799,900
MLS#:X13585990
Evaluating your home's equity?Sold Guarantee* →
5 beds
4 baths
2000-2500 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on August 25, 2026. This listing is for reference purposes only. to view the sold price.

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Added:Jul 20, 2026(40 days ago)
Updated:Aug 25, 2026(4 days ago)
Last Checked:7 minutes ago

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Village of Russell. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $799,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 50 x 109.91 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, On Demand Water Heater, Air Exchanger
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Thoughtfully designed and carefully cared for, this 4+1 bedroom Tartan Gibson model is located in a sought-after, family-friendly community within walking distance to schools and the fitness trail. The sun-filled main level offers 9-foot ceilings, hardwood floors, and a functional layout featuring a formal dining room, family room, and an open-concept kitchen and living area ideal for everyday living and entertaining. The kitchen is equipped with a large quartz island, gas stove, and ample pantry storage, while inside entry from the double car garage leads to a practical mudroom nook. Upstairs, four generous bedrooms include a spacious primary suite with a walk-in closet and a 5-piece en-suite with a soaker tub and walk-in glass shower, along with a second full bath and convenient second-level laundry. The lower level adds valuable living space with pot lights throughout, a large rec area, ample storage, and a spacious bright bedroom featuring an enlarged window, soundproofing, and a walk-in closet, complemented by a newly finished bathroom with heated floors and a modern glass shower. Outside, the fully fenced, south-facing backyard features a pool (with the Seller willing to remove it at their expense if preferred by the Buyer), along with an expansive two-tier deck, gazebo, and natural gas BBQ hookup. Additional highlights include freshly repainted walls in on-trend tones, updated doors and trim with modern black hardware, customizable LED soffit lighting on the front exterior, and tasteful hardscaping with an interlock pad enhancing curb appeal.

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Property Summary

This detached home located at 56 Settlement Lane, Russell is currently for sale and has been available on SousaSells for 40 days. This property is listed at $799,900 with an estimated mortgage of $2,663* per month. It has 5 beds, 4 bathrooms, and is 2000-2500 square feet. 56 Settlement Lane, Russell is in the Village of Russell neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 5 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Village of Russell, Russell.

Highly Recommended for Families
What We Love About This Home
  • •5 spacious bedroom layout offering versatile living space
  • •4 well-appointed bathrooms
  • •2000-2500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Village of Russell, Russell.

Target Buyer Match

Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold Conditional Escape
Sold price information is available to members only
AddedJul 20, 2026 (40 days ago)
UpdatedAug 25, 2026 (4 days ago)
Last Checked7 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementFinished, Full
Lot Size50 Ă— 109.91 Feet
CountyPrescott and Russell
Annual Tax$5,452.8
Legal DescriptionLOT 20, PLAN 50M306 TOWNSHIP OF RUSSELL

Parking & Garage

Parking Total6.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Fenced Yard
  • Library
  • Park
  • School

Interior Features

  • Auto Garage Door Remote
  • On Demand Water Heater
  • Air Exchanger

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 56 Settlement Lane, Russell, ON

Q.What is the asking price for 56 Settlement Lane, Russell, ON ?

The current listing price for 56 Settlement Lane, Russell, ON in Village of Russell, Russell is $799,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 5 bedrooms and 4 bathrooms across approximately 2000-2500 sqft.

Q.What property type and architectural style is 56 Settlement Lane, Russell, ON ?

56 Settlement Lane, Russell, ON is a Detached (2-Storey) featuring a Finished, Full basement.

Q.What key property features does 56 Settlement Lane, Russell, ON offer?

Key property features include: Fenced Yard, Library, Park, School.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, On Demand Water Heater, Air Exchanger.

Q.Is parking available at this property?

Yes, this property offers parking space for 6.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Location

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56 Settlement Lane, Russell, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Village of Russell, Russell

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 56 Settlement Lane, Russell, ON K4R 0A4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Russell.

Configure Loan Settings

Interest Rate4.00%
Down Payment$239,970 (30.0%)
* Minimum Canadian down payment required for this price is $54,990.
Amortization Period30 Years
Estimated Monthly Payment$2,663Based on a loan of $559,930 over 30 years.
Purchase Price$799,900
Loan Amount$559,930
Provincial Land Transfer Tax:$12,473
Total Estimated Closing Taxes:$12,473

About Purchasing a Home in Russell, ON

For a property listed at $799,900 in Russell, the legal minimum down payment is $54,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,473 for this transaction. As this listing is in Russell (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,473.

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Village of Russell, Russell Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Village of Russell, Russell.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$739,389

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Village of Russell, Russell

Elementary Schools

Mother Teresa
Public1035 Concession Street, Russell, Ontario, K4R 1G7
7.5
Saint-Joseph
Public1008 North Russell Road, Russell, Ontario, K4R 1C8
5.1
Russell
Public982 North Russell Road, Russell, Ontario, K4R 1C8
5.1

Secondary Schools

St. Thomas Aquinas
Catholic1211 South Russell Road, Russell, Ontario, K4R 1E5
6.2

Village of Russell, Russell Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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