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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 27 days

    56 Settlement Lane

    Village of Russell·Russell, ON·K4R 0A4·Near York Crossing / Settlement Ln.

    • 4 beds
    Russell real estate›X13186366
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property 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, 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.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    May 27, 2026ListedCurrentFor sale$849,900 —X13186366This page
    Apr 23, 2026Previously listedTer$879,900 —X13039124View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Central Air
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 56 Settlement Lane
    What's nearby

    Points of interest classified by the MLS® feed.

    • Fenced Yard
    • Library
    • Park
    • School
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $4,175
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $454
    0.64% mill rate · ON
    The market

    How this home sits in the Russell market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Russell market right now

    Average sold price, days on market, and closed-transaction count for Russell — sourced from MLS®.

    • Avg sold price
      $671,989
      Last 30 days
    • Median sold price
      $670,000
      Middle of the market
    • Days on market
      43 d
      Avg from list to close
    • Closed last 30d
      93
      MLS® transactions
    Full Russell market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 56 Settlement Lane — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 56 Settlement Lane and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 56 Settlement Lane listed for?

      56 Settlement Lane is listed at $849,900 on the MLS® (listing X13186366). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 56 Settlement Lane have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 4 baths
  2. 2000-2500 sqft
  3. Detached
  4. Asking
    $849,900
    $0 / sqft · MLS® X13186366
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $792,947
    $729,511Confidence range$856,383
    Asking vs estimate
    ↑above
    +$56,953
    (+7.2%)
    Asking is above estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 4 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Russell sell in about 43 days — this one has been listed 27 days.

    Avg sold price
    $671,989
    Median sold
    $670,000
    Avg days on market
    43
    Recently sold
    93
    See comparable sales
    AI highlights by Zara
    • 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 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.
    • Outside, the fully fenced, south-facing backyard features a pool, expansive two-tier deck, gazebo, and natural gas BBQ hookup.
    Ask Zara a follow-up
    Sewer
  6. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    2
    Parking spaces
    6
    Driveway
    Inside Entry
  7. Interior

    5
    Basement
    Finished, Full
    Family room
    Y
    Kitchens
    1
    Total rooms
    8
    Laundry level
    Upper Level
  8. Exterior & construction

    4
    Exterior
    Brick, Vinyl Siding
    Roof
    Asphalt Shingle
    Foundation
    Poured Concrete
    Pool
    Above Ground
  9. Listing & possession

    3
    Occupancy
    TBA
    Property style
    2-Storey
    Property class
    Detached
  10. Combined estimate
    $4,629
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $4,175
    /mo
    based on the purchase price of $849,900
    $169,980 cash
    $679,920 financed
    $572,671 total interest
    Monthly payment$4,175/ month
    Principal54%$679,920
    Interest46%$572,671

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

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Russell

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 204 Hybrid Street
      Sold
      Sign in for price
      204 Hybrid Street
      Detached
    • 450 Provence Avenue
      Sold
      Sign in for price
      450 Provence Avenue
      Detached
    • 380 Maple Street
      Sold
      Sign in for price
      380 Maple Street
      Detached
    • 482 Central Park Boulevard
      Sold
      Sign in for price
      482 Central Park Boulevard
      Detached
    • 156 Tweed Crescent
      Sold
      Sign in for price
      156 Tweed Crescent
      Detached
    • 15 Manoir Street
      Sold
      Sign in for price
      15 Manoir Street
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    56 Settlement LaneThis home4 / 420,002,500$849,900ask———
    204 Hybrid Street3 / 41,500—
    450 Provence Avenue4 / 31,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Russell

    Active listings within ±20% of this asking price.

    • 110 Pioneer Road
      $909,900
      110 Pioneer Road
      Detached 4 3
    • 54 Lapointe Boulevard
      $699,900
      54 Lapointe Boulevard
      Detached 3 3
    • 110 Pioneer Road
      $909,900
      110 Pioneer Road
      Detached 4 3
    • 47 Nancy Street
      $769,900
      47 Nancy Street
      Detached 3 3
    • 128 Lyon Street
      $749,900
      128 Lyon Street
      Detached 3 3
    • 857 Cologne Street
      $764,900
      857 Cologne Street
      Detached 3 3
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  11. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  12. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  13. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  14. Public listing courtesy of ENGEL & VOLKERS OTTAWA · displayed on Summitly per MLS® data-share rules

    56 Settlement Lane is a 4-bedroom, 4-bath, 2000-2500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  15. When was 56 Settlement Lane built?

    The year built for 56 Settlement Lane isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  16. What is the property tax for 56 Settlement Lane?

    The 'Property tax' tab in the History section shows the most recent annual tax for 56 Settlement Lane plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  17. How much would the monthly mortgage be on 56 Settlement Lane?

    The affordability calculator on this page shows an estimated monthly mortgage for $849,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  18. Has 56 Settlement Lane been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 56 Settlement Lane with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  19. What neighbourhood is 56 Settlement Lane in?

    56 Settlement Lane is in Village of Russell, Russell. The 'Neighbourhood' section below links to the live Russell real estate hub with average sold price, days on market, and current inventory.

  20. Is Russell a good place to live?

    Russell is one of ON's actively-tracked Summitly markets. The full Russell real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  21. 380 Maple Street
    3 / 2
    700
    —
    482 Central Park Boulevard3 / 21,500—
    156 Tweed Crescent3 / 42,000—
    15 Manoir Street4 / 21,100—