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Property Description
Welcome to Millbank Villas, a beautifully appointed condominium situated in a serene residential area adjacent to a conservation area. This 3 bedroom unit boasts a spacious main floor living room. The Living area features a walkout to a large deck, perfect for relaxing while overlooking the backyard and green space. The design extends to a generous dining room, ideal for both casual and formal gatherings. The second floor comprises of a large primary bedroom, complemented by two additional generously sized bedrooms and a well-appointed 4-piece bathroom. The fully finished lower level offers an additional office/storage room, as well as a laundry room and recreational room. Flooring In Main Floor/Basement (2017). High-Efficiency Gas Furnace (2017)
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-17 | 2025-01-14 | 89 | $409,900 | - | Expired |
| 2005-11-15 | 2006-01-09 | 56 | $99,900 | $95,500 | Sold |
| 2004-10-15 | 2004-11-03 | 21 | $79,900 | $75,000 | Sold |
| 2022-04-18 | 2022-05-29 | 41 | $449,900 | - | Terminated |
Extras
Ideal Starter Home For First-Time Buyers In A Quiet Neighborhood Surrounded By Lots Of Nature ! Westminster Ponds, Glen Cairn Park, Celebration Forest All Close By! Enjoy And Don't Miss This Opportunity.
Property Features
Grnbelt/Conserv, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
1200-1399
Taxes
$1,935 (2024)
Basement
Finished
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Parking 1
Common
Garage Type
Surface
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Main | 7.51' x 9.84' | Hardwood Floor, Open Concept, Formal Rm |
| Living | Main | 12.34' x 18.24' | Hardwood Floor, Combined W/Family, W/O To Deck |
| Family | Main | 12.34' x 18.24' | Hardwood Floor, Combined W/Living, Open Concept |
| Kitchen | Main | 8.23' x 8.01' | Hardwood Floor, Renovated, Window |
| Prim Bdrm | 2nd | 14.96' x 11.12' | Parquet Floor, Casement Windows, Large Closet |
| 2nd Br | 2nd | 8.96' x 10.07' | Parquet Floor, Casement Windows, Large Closet |
| 3rd Br | 2nd | 11.52' x 8.96' | Parquet Floor, Casement Windows, Large Closet |
| Rec | Lower | 18.11' x 11.32' | Laminate, Open Concept, Large Closet |
| Office | Lower | 10.79' x 4.17' | Separate Rm |
| Laundry | Lower | 8.60' x 11.45' |
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London Market Statistics
London Price Trend
183 Millbank Dr is a 3-bedroom 2-bathroom townhome listed for sale at $389,900, which is $64,790 (14.2%) lower than the average sold price of $454,690 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom townhome in London declined by $33,834 (6.9%) compared to the previous 30 day period (November 19 - December 18) and down $20,310 (4.3%) from the same time one year ago.Inventory Change
There were 74 3-bedroom townhomes listed in London over the last 30 days (December 19 - January 17), which is up 15.6% compared with the previous 30 day period (November 19 - December 18) and up 469.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in London typically sold ($23,378) (5.1%) below asking price over the last 30 days (December 19 - January 17), which represents a $12,536 decrease compared to the previous 30 day period (November 19 - December 18) and ($8,429) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom townhomes in London over the last 30 days (December 19 - January 17) stood at 89.2%, up from 87.5% over the previous 30 days (November 19 - December 18) and up from 76.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom townhome in London stood at 39 days when successfully sold over the last 30 days (December 19 - January 17), compared to 91 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Terrequity Realty
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