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For sale
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$724,900

Estimated value $689K to $761K

Est. $3,396/mo mortgage

4bd·3ba·1,500-2,000sqft

LOT 171 Hobbs Drive · London, N6M 0M1

MLS® X14103844

5 days on market5 days on market

Listed Oct 21, 2026

Listing courtesy of Fortune 2 Realty INC.·Listing last changed 4 days ago

Key facts

Property type
Detached
Square footage
1,500-2,000 sqft
Lot size
34.28 × 108.56 ft
Age
New
Parking
6 spaces
Property tax
$1/yr (2026)

Description

PRE-CONSTRUCTION OPPORTUNITY IN JACKSON MEADOWS! 1,865 sq. ft. 2-storey home with double garage and covered front porch. Spacious main-level living area with vinyl flooring, modern kitchen featuring a island, soft-close cabinetry and 30" upper cabinets. A 6-ft-wide patio door provides convenient access to the backyard. The second level offers 4 bedrooms, 2.5 washrooms including a primary bedroom with ensuite. Walking distance to the new Jackson Meadows School, YMCA and upcoming park, with easy access to highways, Victoria Hospital and London International Airport. Multiple lots and floor plans available, with flexible closing dates and deposit options. Model home available to view at 1143 Hobbs Dr, London. Make your next move today to check available lots, layouts and options.

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Property details

Interior

Size
1,500-2,000 sqft
Rooms
9 rooms
Bathrooms
1 × 2-piece on Main, 2 × 3-piece on Second
Basement
Unfinished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 2-Storey
Age
New
Lot size
34.28 × 108.56 ft
Exterior
Brick, Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
2 car Attached
Parking
6 spaces

Fees & taxes

Property tax
$1/yr (2026)

Estimated value range

$689K to $761K

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions
Summerside →

London South, ON

Newer southeast neighbourhood with diverse housing, growing commercial options, and family appeal.

Schools nearbyclosest is École élémentaire catholique Saint-Jean-de-Brébeuf, 830 m

Elementary

  • École élémentaire catholique Saint-Jean-de-Brébeuf

    830 m · Grades JK-6

    Conseil scolaire de district des écolesCatholique

    7.2
  • Summerside Public School

    1.1 km · Grades JK-8

    6.5
  • Tweedsmuir Public School

    2.6 km · Grades JK-8

    Thames Valley District School Board

    5.3

Secondary

  • École secondaire Gabriel-Dumont

    950 m · Grades 9-12

    Conseil scolaire Viamonde

    6.6

Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.

Monthly paymentest. $3,797/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,396
Property tax$0
Insurance (est.)$151
Utilities (est.)$250
Total monthly$3,797
Land transfer tax$10,973 on closing

Ontario LTT

$10,973

First-time rebate

−$4,000

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

Price & listing history

$724,900

Listed Oct 21, 2026

On the market

Sold comparables nearby

163 Emerald Road, London SouthSold

163 Emerald Road, London South

3 bd·4 ba·1,500-2,000 sqft
752 North Leaksdale Circle, London SouthSold

752 North Leaksdale Circle, London South

3 bd·3 ba·1,500-2,000 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

6.9 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 98.1% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$598,500

Sale-to-list ratio

98.1%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $159,000 household income

Minimum household income required

$159,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin →
Rental market$2,800/mo median for 4 bed nearby

$2,800/month is the median rent for 4-bedroom homes leased within 3km over the past 12 months, across 32 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

No obligation. Pick a time that suits you.

(226) 212-5099 · colin@searchlondonhomes.com

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