727 Millbank Drive #Lower
London South, N6E 1Y7·MLS® X13414902·
Listing courtesy of Thrive Realty Group INC.·Updated 9 hours ago
Listing price
$1,595
Est. $8/mo
Days on market
Listed Jun 8, 2026
Description
Welcome to this spacious and well-maintained 2-bedroom, 1-bathroom ALL-INCLUSIVE suite in desirable South London. Spanning two levels within a unique four-level home, this bright and inviting unit offers an abundance of living space, natural light, and storage throughout. Enjoy two generously sized bedrooms with large closets, a full 4-piece bathroom, and a spacious kitchen featuring ample cabinetry, a dishwasher, and plenty of room for cooking and entertaining. Additional highlights include in-suite laundry, multiple storage areas, one dedicated parking space, and access to a large fully fenced backyard. Conveniently located close to shopping, restaurants, parks, schools, public transit, and other everyday amenities, this home offers comfort, space, and convenience all in one package.
Property details
Basement
Full, Separate Entrance, Finished
Parking
1 spaces
Type
Detached — Backsplit 4
Heating
Forced Air
AI property estimate
82% confidence · 7 comparable sales analysed
Location & neighbourhood
London South, ON
Newer southeast neighbourhood with diverse housing, growing commercial options, and family appeal.
Monthly payment estimate
Land transfer tax
Ontario LTT
$8
First-time rebate
−$8
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$620,000
116 DOWNING Crescent, London South
Sold$510,000
923 Willow Lane, London South
See all 10 comparables
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Market conditions · South Y
Avg. sold price
$682,400
+5.2%
Avg. days on market
18
−3d
Sale-to-list ratio
101.2%
+0.8%
Investment analysis
Est. monthly rent
$6
Rental yield
4.5%
Est. cash flow
-$253
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$9,725
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$1,528
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