DetachedOn market 118 days

8 Settlement Lane, Russell

Name: 8 Settlement Lane
SKU: X13537678
Price: 760000 CAD
Availability: InStock

Russell, ON · · MLS® X13537678Updated July 8, 2026

$760,000Est. $3,734/mo mortgage

Bedrooms: 2
Bathrooms: 3
Living space: 1500–2000sq ft
Parking spaces: 8

Type Detached
Garage Yes
Basement Full

What you should know

8 Settlement Lane is a 2-bedroom, 3-bathroom detached home in Russell, listed for $760,000. It has 1500-2000 sq ft of living space.

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.
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.

Ask Zara:

2 Bed, 3 Bath Detached Home in Russell

About 8 Settlement Lane

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.

2 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $507 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 8 Settlement Lane

Every detail from the listing, in one place.

Type: Detached
Style: Bungalow
Living space: 1500-2000 sq ftas stated on the listing
Parking: 8 spacesYes garage
Basement: Full

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 8

Interior

Basement: Full

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Bungalow
Property class: Detached

8 Settlement Lane Price & Sale History

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

Jul 8, 2026For saleListedThis listingMLS® X13537678$760,000

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

What's it worth?

How 8 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

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: $645,157
Average days on market: 52
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 home8 Settlement Lane 2 bd · 3 ba · 1,500 sqft	$760,000asking	$507	—	—
609 Misty Street 3 bd · 2 ba · 1,500 sqft
59 First Avenue 2 bd · 3 ba · 1,100 sqft
2120 Russland Road 3 bd · 2 ba · 1,500 sqft
111 York Crossing 3 bd · 2 ba · 1,100 sqft
580 STRASBOURG Street 4 bd · 2 ba · 2,000 sqft
106 Lachaine Street 3 bd · 3 ba · 1,500 sqft

609 Misty Street
3 bd · 2 ba · 1,500 sqft
59 First Avenue
2 bd · 3 ba · 1,100 sqft
2120 Russland Road
3 bd · 2 ba · 1,500 sqft
111 York Crossing
3 bd · 2 ba · 1,100 sqft
580 STRASBOURG Street
4 bd · 2 ba · 2,000 sqft
106 Lachaine Street
3 bd · 3 ba · 1,500 sqft

Living in Russell: Location & Amenities

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

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How long is your commute?

From 8 Settlement Lane. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 8 Settlement Lane

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

Mortgage: $3,734; 20% down · 25 years · 5.5% assumed
Property tax: $418; 0.66% mill rate · ON
Total per month: $4,152; 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

$3,734

/mo

based on the purchase price of $760,000

Down payment20%

$152,000 cash

Amortization25 yr

$608,000 financed

Rate5.50%

$512,096 total interest

Principal54%$608,000

Interest46%$512,096

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.

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Listing brokerage: RE/MAX ABSOLUTE WALKER REALTY, BrokerageMLS® X13537678 · Listing data last updated July 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 Jul 7· $507/sq ft

Estimated monthly mortgage$3,734/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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