8 Settlement Lane, Russell, ON

$760,000
MLS#:X13537678
4 beds
3 baths
1500-2000 sqft
8.0 parking
Residential Freehold
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Added:Jul 8, 2026(52 days ago)
Updated:Jul 8, 2026(52 days ago)
Last Checked:21 minutes ago

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Village of Russell. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $760,000 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.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a spacious lot (Feet)
  • Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Bar Fridge, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

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.

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Property Summary

This detached home located at 8 Settlement Lane, Russell is currently for sale and has been available on SousaSells for 52 days. This property is listed at $760,000 with an estimated mortgage of $2,530* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 8 Settlement Lane, Russell is in the Village of Russell neighborhood.

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

Yes! Featuring 4 bedrooms and 3 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
  • •4 spacious bedroom layout offering versatile living space
  • •3 well-appointed bathrooms
  • •1500-2000 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
4
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
AddedJul 8, 2026 (52 days ago)
UpdatedJul 8, 2026 (52 days ago)
Last Checked21 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionStone, Vinyl Siding
BasementFull
CountyPrescott and Russell
Annual Tax$5,354.48
Legal DescriptionLOT 32, PLAN 50M273, RUSSELL.

Parking & Garage

Parking Total8.0
Parking Space6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Fenced Yard
  • School

Interior Features

  • Auto Garage Door Remote
  • Bar Fridge
  • Central Vacuum
  • Storage

Security Features

  • Alarm System

Community Features

None listed

Frequently Asked Questions about 8 Settlement Lane, Russell, ON

Q.What is the asking price for 8 Settlement Lane, Russell, ON ?

The current listing price for 8 Settlement Lane, Russell, ON in Village of Russell, Russell is $760,000.

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

This property features 4 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 8 Settlement Lane, Russell, ON ?

8 Settlement Lane, Russell, ON is a Detached (Bungalow) featuring a Full basement.

Q.What key property features does 8 Settlement Lane, Russell, ON offer?

Key property features include: Fenced Yard, School.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, Bar Fridge, Central Vacuum, Storage.

Q.What security features are installed at 8 Settlement Lane, Russell, ON ?

Security features include: Alarm System.

Q.Is parking available at this property?

Yes, this property offers parking space for 8.0 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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8 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 8 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$228,000 (30.0%)
* Minimum Canadian down payment required for this price is $51,000.
Amortization Period30 Years
Estimated Monthly Payment$2,530Based on a loan of $532,000 over 30 years.
Purchase Price$760,000
Loan Amount$532,000
Provincial Land Transfer Tax:$11,675
Total Estimated Closing Taxes:$11,675

About Purchasing a Home in Russell, ON

For a property listed at $760,000 in Russell, the legal minimum down payment is $51,000 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 $11,675 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 $11,675.

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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?

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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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