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338 Millbank Drive

London South, N6C 4W2·MLS® X13776498

Listing courtesy of Re/max Metropolis Realty·Updated 2 hours ago

Listing price

$599,000

Est. $2,806/mo

Days on market

1

Listed Sep 12, 2026

For sale
1 / 44
3bd·2ba·700-1,100sqft

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

Type
Detached, Backsplit 3
Lot size
61 × 125.33 ft
Interior
700-1100 sqft
Rooms
6 rooms
Bathrooms
1 × 3-piece on Main, 1 × 3-piece on Basement
Basement
Finished, Finished with Walk-Out
Heating
Forced Air
Cooling
Central Air
Exterior
Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer
Driveway
Available (3 spaces)
Parking
3 spaces
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

AI property estimate

$425,179Estimate is ~29.0% below asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$382,661$467,697

74% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Pond Mills

London South, ON

South London neighbourhood featuring the protected Pond Mills Environmentally Significant Area.

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,853
Property tax$361
Insurance (est.)$125
Utilities (est.)$250
Total monthly$3,589
Land transfer taxOne-time, 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 12, 2026

On the market

Sold comparables nearby

227 Edmunds Place, London SouthSold

$580,000

227 Edmunds Place, London South

3 bd·3 ba·1,100-1,500 sqft
34 Dudley Crescent, London SouthSold

$420,000

34 Dudley Crescent, London South

3 bd·2 ba·700-1,100 sqft

See what these 6 homes sold for

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Market conditionsLondon South · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$585,346

Sale-to-list ratio

97.4%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$147,000

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

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AI estimate

$425,179

Priced above estimate
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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