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BEDROOMS2
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KITCHENS8 + 6
ROOMSX9301832
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Property Description
You're going to adore this charming multi-level side split! Upstairs are 3 generous-sized bedrooms and a full bath with a beautiful walk-in shower (2023). The lower level offers an additional bedroom with an above-grade window, an additional living/rec room, a 4pc bath, and convenient access to the backyard. The basement level offers more storage space with built-in floor-to-ceiling cupboards and a spacious laundry room. The landscaped backyard is a standout feature, providing a serene outdoor space perfect for relaxation, gardening, or entertaining. The partially enclosed back patio is ideal for year-round enjoyment, whether hosting summer barbecues or simply unwinding after a long day. A separate entrance at the rear of the house lends itself well to in-law capability. With parking for 3 vehicles, there's ample space for family and guests. Located in a quiet family-friendly neighborhood, this property is close to several top-rated schools, making it an excellent choice for families. The area is well-connected to the rest of London, with easy access to major roads and public transportation. Nearby, you'll find a variety of amenities and attractions that enhance the quality of life in South London. Spend your weekends exploring the beautiful parks and green spaces such as Westminster Ponds or Highland Woods, perfect for outdoor enthusiasts. For shopping and dining, White Oaks Mall and the surrounding area offer a diverse selection of stores, restaurants, and services. South London is home to several recreational facilities, including the South London Community Centre, where you can participate in a range of activities and programs. The proximity to schools, parks, and shopping centers ensures that everything you need is within reach, while the tranquility of the neighborhood provides a peaceful retreat from the hustle and bustle of city life. Don't miss the opportunity to make 342 Millbank Drive your new home - a perfect blend of comfort, convenience, and community.
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Extras
Key updates include fresh paint and professional cleaning (August 2024). Ductless heating and cooling in 2023, walk-in shower (2023). New roof (2018). New Front Window (2019).
Property Features
Library, Park, Place Of Worship, Public Transit, Rec Centre, School Bus Route
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Property Details
Street
Community
City
Property Type
Detached, Sidesplit 3
Approximate Sq.Ft.
1500-2000
Lot Size
61' x 125'
Fronting
West
Taxes
$3,210 (2023)
Basement
Part Fin, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Main | 12.24' x 8.92' | |
| Foyer | Main | 12.60' x 4.43' | |
| Kitchen | Main | 12.34' x 10.76' | |
| Living | Main | 12.60' x 16.08' | |
| Br | 2nd | 12.34' x 11.58' | |
| 2nd Br | 2nd | 9.68' x 8.99' | |
| Prim Bdrm | 2nd | 12.93' x 11.58' | |
| 3rd Br | Bsmt | 14.01' x 11.32' | |
| Rec | Bsmt | 12.01' x 21.10' | |
| Laundry | Bsmt | 11.42' x 12.40' | |
| Other | Bsmt | 4.66' x 6.76' | |
| Workshop | Bsmt | 17.85' x 21.00' |
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London Market Statistics
London Price Trend
342 Millbank Dr is a 3-bedroom 2-bathroom home listed for sale at $549,900, which is $77,338 (12.3%) lower than the average sold price of $627,238 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 3 bedroom home in London declined by $22,314 (3.4%) compared to the previous 30 day period (July 17 - August 15) and down $415 (0.1%) from the same time one year ago.Inventory Change
There were 256 3-bedroom homes listed in London over the last 30 days (August 16 - September 14), which is up 36.9% compared with the previous 30 day period (July 17 - August 15) and up 402.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($11,631) (1.9%) below asking price over the last 30 days (August 16 - September 14), which represents a $1,038 decrease compared to the previous 30 day period (July 17 - August 15) and ($3,169) 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 homes in London over the last 30 days (August 16 - September 14) stood at 68.4%, down from 104.3% over the previous 30 days (July 17 - August 15) and up from 51.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in London stood at 29 days when successfully sold over the last 30 days (August 16 - September 14), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Icon Realty
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