Lot 207 Hobbs Dr
South U, London South, Ontario N6G 2H6
- Bedrooms
- 4
- Bathrooms
- 3
- Size
- 1,500–2,000sq ft
- Per sq ft
- $414at the range’s middle
- Lot
- Under 0.50 acres
- Built
- New
- Parking
- 21 attached
- Days on market
- Members
The brief
About Lot 207 Hobbs Dr
Lot 207 Hobbs Dr is a 4-bedroom, 3-bathroom detached house in South U, London South, listed for sale at an asking price of $724,900 (MLS® X12664924).
To be built in Jackson Meadows; southeast London's newest up and coming neighbourhood. This home boasts 1,750sqft of living space with 4 bedrooms and 2.5 bathrooms, as well as an option for separate entrance to the basement, providing endless opportunities for multi generational living or future rental income. Featuring 9ft ceilings on the main floor and a desirable open concept living, kitchen and dining space; with engineered hardwood flooring and elegant tile options. Complete with modern amenities and the convenience of main floor laundry. The upper level features 2 full baths, including an elegant 3pc ensuite and spacious primary retreat with a large walk-in closet; as well as 3 additional bedrooms. Ideally located with easy access to the 401 and many other great amenities; lush parks, scenic walking trails, convenient shopping centres, restaurants, grocery stores and schools. Closings available in to Spring 2027.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even45/100−$483/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 6 detached homes with 4 bedrooms for lease in South U right now. Cost of owning counts the mortgage. This record states no property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- MLS® number
- X12664924
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- New
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 33.58 x 108.54 ft
- Listed on
- Parking
- 1 Attached, 2 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- South U
- Municipality
- London South
Building
- Size
- 1500-2000 sqft
- Building Age
- New
- Construction
- Vinyl Siding
Inside
- Bedrooms
- 4
- Bathrooms
- 3
- Bathroom Details
- 1 × 2pc Main, 1 × 4pc 2nd, 1 × 3pc 2nd
- Basement Type
- Full
- Kitchens
- 1
Parking
- Garage Type
- Attached
- Garage
- 1
- Additional Parking
- 1
- Total Parking
- 2
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 33.58 ft
- Depth
- 108.54 ft
- Lot Size
- 33.58 x 108.54 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 3.66 × 2.67 m | — | Main |
| Great Rm | 4.55 × 4.72 m | — | Main |
| Breakfast | 1.96 × 2.67 m | — | Main |
| Laundry | 1.96 × 2.26 m | — | Main |
| Primary | 4.57 × 3.99 m | — | 2nd |
| 2nd Br | 3.26 × 3.38 m | — | 2nd |
| 3rd Br | 3.99 × 3.23 m | — | 2nd |
| 4th Br | 3.2 × 4.29 m | — | 2nd |
Listing history
Buy/sell history for Lot 207 Hobbs Dr, London South, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $724,900 | N/A | Pc | X12664924 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $144,980
- Total mortgage amount
- $579,920
- Total interest payment
- $412,480
- Total purchase cost
- $1,137,380
- Mortgage payment
- $3,308/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
32%Monthly carrying cost
$3,308- Rent $2,825
- Shortfall $483
Rental income opens at $2,825, the median asking rent of 6 comparable homes for lease in South U. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $10,973
- Total land transfer tax
- $10,973
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $6,973
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $724,900
- $6,498
- Ontario total
- $10,973
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 3,645 sq ft339 m²
- Street frontage
- 33.58 ft10.2 m
- Depth
- 108.54 ft33.1 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use; 4 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 7.6 m.250 m
- Groundwater recorded about 13.4 m below ground nearbyThe middle water level in the well records within 500 m (27 records). It changes with the season and from spot to spot.500 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 6.8 km6.8 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Corporation of the City of London — Pottersburg Pollution Control Plant, 1.9 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet2
- Electricity is distributed here by London Hydro Inc.At the address
- Fibre to the home, Cable, DSL internet listed for this areaFibre to the home: Bell, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.At the address
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Upper Thames River Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Detached homes for sale in South U right now
- For sale now
- 76
- Median asking price
- $761K
- New in 7 days
- 4
- Price cuts
- 20%
Middle half: $707K to $822K
19 in 28 days
15 listings
This home is asking 5% below the median.
See all homes in South UAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Jackson Meadows Public SchoolThames Valley DSB | Public · grades JK–8 | 150 m | — |
| École élémentaire catholique Saint-Jean-de-BrébeufConseil scolaire catholique Providence | French-language Catholic · grades JK–6 | 900 m | 73%Grade 6 average |
| Summerside Public School Public SchoolThames Valley DSB | Public · grades JK–8 | 1.2 km | 83%Grade 6 average |
| St Bernadette Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 2.9 km | 52%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| École secondaire Gabriel-DumontConseil scolaire Viamonde | French-language public · grades 9–12 | 1 km | 77%Grade 9 math |
| Sir Wilfrid Laurier Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 3.6 km | 51%Grade 9 math |
| Clarke Road Secondary SchoolThames Valley DSB | Public · grades 9–12 | 4.5 km | 45%Grade 9 math |
| John Paul II Catholic Secondary SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 6.7 km | 44%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Recently sold nearby
Sold prices in South U are shown to signed-in members.