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$599,000

Estimated value $569K to $629K

Est. $2,806/mo mortgage

3+2bd·2ba·700-1,100sqft

338 Millbank Drive · London, N6C 4W2

MLS® X13776498

47 days on market47 days on market

Listed Sep 11, 2026

Listing courtesy of Re/max Metropolis Realty·Listing last changed Sep 12

Key facts

Property type
Detached
Square footage
700-1,100 sqft
Lot size
61 × 125.33 ft
Parking
3 spaces
Property tax
$3,610/yr (2026)

Description

Welcome to 338 Millbank Drive, where modern comfort, convenience, and spacious living come together! This inviting home offers a fantastic combination of thoughtful upgrades, generous living spaces, and an incredible outdoor setting that is perfect for families and entertainers alike.One of the standout features of this property is the massive backyard - an exceptional outdoor space offering endless possibilities. Whether you envision summer barbecues, family gatherings, a play area for the kids, gardening, or simply relaxing and enjoying your own private outdoor retreat, this expansive backyard provides plenty of room to make it your own.The fully finished basement with a separate entrance adds even more valuable living space and flexibility. Perfect for a recreation room, home office, guest area, extended family, or additional living accommodations, the finished lower level offers versatility to meet your needs.Outside, the spacious driveway provides ample parking for family and guests, adding to the convenience and functionality of the property. With a generous lot, abundant living space, and a fantastic backyard, there is plenty of room to enjoy both indoor and outdoor living. Located close to a wide range of amenities, this home offers the convenience of being near shopping, dining, schools, parks, and everyday essentials. Everything you need is within easy reach while still giving you the space and comfort of a welcoming residential setting.With brand-new flooring, a finished basement with separate entrance, a massive backyard, spacious driveway, and an abundance of desirable amenities, 338 Millbank Drive is a wonderful opportunity to enjoy a comfortable and versatile home with room to grow. Don't miss your chance to make this exceptional property your own - come and experience everything 338 Millbank Drive has to offer!

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Property details

Interior

Size
700-1,100 sqft
Bedrooms
3 above grade, 2 lower level
Rooms
6 rooms
Bathrooms
1 × 3-piece on Main, 1 × 3-piece on Basement
Basement
Finished with Walk-Out
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Backsplit 3
Lot size
61 × 125.33 ft
Exterior
Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Driveway
Available (3 spaces)
Parking
3 spaces

Fees & taxes

Property tax
$3,610/yr (2026)

Rooms

Main

Kitchen
3.45 × 2.87 m
Living Room
4.37 × 4.14 m
Dining Room
3.45 × 2.54 m

Upper

Bedroom 3
2.72 × 2.9 m
Bedroom
3.51 × 3.43 m
Bedroom 2
3.35 × 3.58 m

Basement

Bedroom 4
3 × 2.49 m
Bedroom 5
3 × 2.49 m
Kitchen
2.26 × 3.73 m

Estimated value range

$569K to $629K

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions
Westminster →

London South, ON

Expansive southeast neighbourhood with diverse housing, numerous schools, and Wellington Road access.

Schools nearbyclosest is Arthur Stringer Public School, 270 m

Elementary

  • Arthur Stringer Public School

    270 m · Grades JK-8

    Thames Valley District School Board

    4.6
  • Glen Cairn Public School

    720 m · Grades JK-8

    Thames Valley District School Board

    3.2
  • St Francis School

    810 m · Grades JK-8

    London District Catholic School Board

    4.7

Secondary

  • Sir Wilfrid Laurier Secondary School

    490 m · Grades 9-12

    Thames Valley District School Board

    3.9
  • G A Wheable Secondary School

    2.6 km · Grades 9-12

  • École secondaire Gabriel-Dumont

    2.8 km · Grades 9-12

    Conseil scolaire Viamonde

    6.6

Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.

Monthly paymentest. $3,482/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,806
Property tax$301
Insurance (est.)$125
Utilities (est.)$250
Total monthly$3,482
Land transfer tax$8,455 on closing

Ontario LTT

$8,455

First-time rebate

−$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

$599,000

Listed Sep 11, 2026

On the market

Sold comparables nearby

68 Downing Crescent, London SouthSold

68 Downing Crescent, London South

3 bd·3 ba·1,100-1,500 sqft
56 Kintail Crescent, London SouthSold

56 Kintail Crescent, London South

3 bd·2 ba·700-1,100 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

6.6 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 95.6% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$528,500

Sale-to-list ratio

95.6%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $144,000 household income

Minimum household income required

$144,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin →
Rental market$2,400/mo median for 3 bed nearby

$2,400/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 49 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

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Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc.

CA

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Colin Abbot, Broker, Westwood Realty Team

Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099

Not intended to solicit clients already under contract.

Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.

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