Detached House for sale at 56 Settlement Lane, Russell, Ontario, K4R 0A4 - Village of Russell - MLS: X13039124

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56 Settlement Lane

Russell, Ontario, K4R 0A4 - Village of Russell

$879,900

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Neighbourhood

Village of Russell
Major Intersection

York Crossing / Settlement Ln.

Listed Since: 1 day(s)
Last update: today

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Overview

Property Type

Detached, 2-Storey
Bedrooms

4 + 1
Bathrooms

4
Basement

Finished + Full
Kitchen

1
Total Parking

6 (2 Attached Garage)
Lot Size

50x109.91 (Feet)
Taxes

$5,452.80 (2025)
Type

Freehold

Property Description

Property description for 56 Settlement Lane, Russell

Thoughtfully designed and carefully cared for, this rare 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, 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.

Listed by ENGEL & VOLKERS OTTAWA

Property details

MLS #

X13039124
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

Abv Grnd
Drive

Inside Entry
Garage

Attached, 2 spaces
Total Parking

6
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

Upper
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

X13039124
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

Abv Grnd
Drive

Inside Entry
Garage

Attached, 2 spaces
Total Parking

6
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

Upper
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

4.22 x 4.78 ft Main level
Dining

3.3 x 3.96 ft Main level
Family

3.3 x 4.11 ft Main level
Kitchen

3.71 x 5.56 ft Main level
Primary

4.27 x 4.57 ft 2nd level
Br

3.2 x 3.78 ft 2nd level
Br

3.35 x 3.23 ft 2nd level
Br

3.35 x 4.22 ft 2nd level
Br

4.85 x 4.37 ft Bsmt level
Rec

6.12 x 4.47 ft Bsmt level
Laundry

2.62 x 1.96 ft 2nd level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Local Real Estate Price Trends for Detached in Village of Russell

Active listings

Average Selling Price of a Detached

March 2026

$680,000

Last 3 Months

$681,202

Last 12 Months

$726,647

March 2025

$777,180

Last 3 Months LY

$718,634

Last 12 Months LY

$710,641

Change

-13%

Change

-5%

Change

Number of Detached Sold

March 2026

Last 3 Months

Last 12 Months

March 2025

Last 3 Months LY

Last 12 Months LY

Change

-40%

Change

-50%

Change

-14%

How many days Detached takes to sell (DOM)

March 2026

Last 3 Months

Last 12 Months

March 2025

Last 3 Months LY

Last 12 Months LY

Change

-10%

Change

-6%

Change

Average Selling price

Inventory Graph

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First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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