DetachedListed 2 days ago

28 Settlement Lane, Russell

Name: 28 Settlement Lane
SKU: X14160936
Price: 679900 CAD
Availability: InStock

Russell, ON · · MLS® X14160936Updated November 8, 2026

$679,900Est. $3,340/mo mortgage

Bedrooms: 2
Bathrooms: 3
Living space: 1100–1500sq ft
Parking spaces: 6

Type Detached
Garage Yes
Basement Full, Partially Finished

What you should know

28 Settlement Lane is a 2-bedroom, 3-bathroom detached home in Russell, listed for $679,900. It has 1100-1500 sq ft of living space.

Welcome to this bright and inviting bungalow in the highly sought-after Russell Trails community!
Offering a functional and thoughtfully designed layout, this beautiful home features 2+2 bedrooms and 3 full bathrooms, providing plenty of space for families, downsizers, or those who love to entertain.
The open-concept living spaces flow effortlessly, offering comfortable everyday living and the flexibility to suit your lifestyle.

Ask Zara:

2 Bed, 3 Bath Detached Home in Russell

About 28 Settlement Lane

Welcome to this bright and inviting bungalow in the highly sought-after Russell Trails community! Offering a functional and thoughtfully designed layout, this beautiful home features 2+2 bedrooms and 3 full bathrooms, providing plenty of space for families, downsizers, or those who love to entertain. Sunlight pours through the large windows, filling the home with warmth and creating an airy, welcoming atmosphere throughout. The open-concept living spaces flow effortlessly, offering comfortable everyday living and the flexibility to suit your lifestyle. Perfectly positioned beside the pathway leading directly to the New York Central Fitness Trail, you'll enjoy easy access to kilometres of scenic trails ideal for walking, running, cycling, or simply taking a leisurely stroll while enjoying the beauty of the surrounding nature. Located in one of Russell's most desirable neighbourhoods, this home offers the perfect balance of peaceful living and outdoor recreation, all while being just minutes from schools, parks, shopping, and everyday amenities.Please note: The property is currently tenant occupied. A minimum of 24 hours' notice is required for all showings.

2 bedrooms, 3 bathrooms, about 1,100 sq ft, works out to roughly $618 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 28 Settlement Lane

Every detail from the listing, in one place.

Type: Detached
Style: Bungalow
Living space: 1100-1500 sq ftas stated on the listing
Parking: 6 spacesYes garage
Basement: Full, Partially Finished

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 6

Interior

Basement: Full · Partially Finished

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Bungalow
Property class: Detached

28 Settlement Lane Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Nov 6, 2026For saleListedThis listingMLS® X14160936$679,900

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 28 Settlement Lane Compares to the Russell Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 205 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Russell market, last 90 days

Median sold price: $630,000
Average sold price: $645,263
Average days on market: 51
Homes sold: 107

Closed sales on the TRREB MLS®.

Full Russell market report

Recently sold nearby in Russell

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home28 Settlement Lane 2 bd · 3 ba · 1,100 sqft	$679,900asking	$618	—	—
59 Craig Street 3 bd · 2 ba · 1,100 sqft
408 Centenaire Street 3 bd · 2 ba · 2,000 sqft
58 Albert Street 2 bd · 2 ba · 700 sqft
84 LAMADELEINE Boulevard 3 bd · 2 ba · 1,500 sqft
609 Misty Street 3 bd · 2 ba · 1,500 sqft
865 Cologne Street 4 bd · 2 ba · 2,500 sqft

59 Craig Street
3 bd · 2 ba · 1,100 sqft
408 Centenaire Street
3 bd · 2 ba · 2,000 sqft
58 Albert Street
2 bd · 2 ba · 700 sqft
84 LAMADELEINE Boulevard
3 bd · 2 ba · 1,500 sqft
609 Misty Street
3 bd · 2 ba · 1,500 sqft
865 Cologne Street
4 bd · 2 ba · 2,500 sqft

Living in Russell: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Costs, Mortgage & Rental Return for 28 Settlement Lane

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $3,340; 20% down · 25 years · 5.5% assumed
Property tax: $374; 0.66% mill rate · ON
Total per month: $3,714; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$3,340

/mo

based on the purchase price of $679,900

Down payment20%

$135,980 cash

Amortization25 yr

$543,920 financed

Rate5.50%

$458,123 total interest

Principal54%$543,920

Interest46%$458,123

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

For homeowners nearby

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Listing brokerage: EXP REALTY, BrokerageMLS® X14160936 · Listing data last updated November 8, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Nov 5· $618/sq ft

Estimated monthly mortgage$3,340/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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