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For sale
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$555,000

Est. $2,600/mo mortgage

3bd·2ba·1,100-1,500sqft

743 MILLBANK Drive · London South, N6E 2Y1

MLS® X13786868

1 day on market

Listed Sep 15, 2026

Listing courtesy of Get Home Realty INC.·Updated 6 hours ago

Description

Welcome to 743 Millbank Drive, a well-maintained detached home in a convenient London location offering space, functionality, and great potential. This home features 3+2 bedrooms and 3 washrooms, making it a great option for first-time buyers, families, multi-generational living, or investors. The main floor includes a bedroom with an attached washroom, ideal for parents, guests, or convenient main-floor living. Enjoy a renovated kitchen, bright skylight, finished basement, and separate side entrance offering excellent additional living space and rental potential. Side-by-side driveway parking for 2 cars and a good-sized backyard. Located close to schools, parks, shopping, transit, highway access, Fanshawe College, and Western University.

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Property details

Interior

Interior
1100-1500 sqft
Rooms
10 rooms
Bathrooms
1 × 4-piece on Main, 1 × 4-piece on Second
Basement
Partially Finished, Full
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 1 1/2 Storey
Age
31-50 years
Lot size
31.4 × 101.22 ft · < .50 acres
Exterior
Vinyl Siding, Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Driveway
Private Double (2 spaces)
Parking
2 spaces

Fees & taxes

Property tax
$3,135/yr (2025)

Rooms

Main

Dining Room
4.37 × 3.35 m
Other
2.44 × 1.96 m
Kitchen
3.05 × 2.44 m
Primary Bedroom
3.66 × 3.51 m
Foyer
1.93 × 1.52 m
Living Room
4.57 × 3.05 m
Bathroom
2.44 × 1.52 m

Second

Bedroom
3.45 × 3.15 m
Bathroom
2.44 × 1.52 m
Bedroom
3.86 × 3.15 m

Lower

Recreation
5.79 × 3.96 m
Workshop
5.18 × 3.35 m
Laundry
3.35 × 2.62 m

AI property estimate

$571,700Estimate is ~3.0% above asking

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

$514,530$628,870

76% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Byron

London South, ON

Family-friendly neighbourhood with trails and parks along the Thames River.

Monthly paymentest. $3,300/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,600
Property tax$334
Insurance (est.)$116
Utilities (est.)$250
Total monthly$3,300
Land transfer tax$7,575 on closing

Ontario LTT

$7,575

First-time rebate

$4,000

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

Price & listing history

$555,000

Listed Sep 15, 2026

On the market

Sold comparables nearby

34 Dudley Crescent, London SouthSold

$420,000

34 Dudley Crescent, London South

3 bd·2 ba·700-1,100 sqft
60 Lysanda Avenue, London SouthSold

$566,000

60 Lysanda Avenue, London South

3 bd·2 ba·700-1,100 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in Byron

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 96.4% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$527,817

Sale-to-list ratio

96.4%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $137,000 household income

Minimum household income required

$137,000

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.

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 41 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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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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