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New7 days ago

708 Millbank Drive

South Y, London South

$624,900

Detached|2-Storey
4 | 4 | 5
About this home

The perfect combination of space, style and value! Welcome to 708 Millbank, an exceptionally well maintained 4 bedroom, 4 bathroom home offering incredible space for growing families and first time home buyers alike. From the moment you step inside, the pride of ownership is unmistakable. Beautifully updated and immaculately cared for, this home features new hard surface flooring throughout (2020), four generously sized bedrooms, four updated bathrooms and inviting living spaces designed for everyday comfort and effortless entertaining. The stunning kitchen is sure to impress with updated custom cabinetry, granite counter-tops and modern appliances, creating a space you will love gathering in. Downstairs, the beautifully finished lower level offers endless possibilities, whether you envision a spacious recreation room, home gym or additional bedroom, with the added convenience of a 2 piece bathroom. Outside, discover your own private backyard retreat on an extra deep lot surrounded by mature trees, with plenty of room for kids to play, family gatherings and summer fun. The expansive deck and over-sized attached awning provide the perfect setting for outdoor dining, relaxing or entertaining friends. Homes offering this much space, care and value are hard to find. Don't miss your opportunity to make 708 Millbank your own. Book your private showing today!

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  • Sat, Oct 24

    2:00 PM – 4:00 PM

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$4,162
Lot Size45.12 ft x 135.03 ft
mls© NumberX14028634
Listed ByCENTURY 21 FIRST CANADIAN CORP. DEAN SOUFAN INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,199
Property tax
$347
Heat allowance
$150
Housing costs
$3,695 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $124,980
25-yr amortization

Income needed

$114,000

gross annual household income

Payment at 4%
$2,630 / mo
Cash down
$124,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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