LOT 171 HOBBS Drive, London South

Price: $724,900

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X14103844

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.

LOT 171 HOBBS Drive - Detached photo 1 of 4 in London South, Ontario
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$724,900 - LOT 171 HOBBS Drive, London South

Detached for Sale in London South

New — Listed 3 days ago

Neighbourhood: South U

4Beds
3Baths
1,500 - 1,999Sq Ft
Detached

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Property Details
MLS Number
X14103844
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
London South
Taxes (2026)
$1
Listing Brokerage
FORTUNE 2 REALTY INC.
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.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,719.11/mo

Includes CMHC insurance ($20,225)

$
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5%10%50%

5-yr fixed avg.

Principal: $652,410Interest: $443,099
Mortgage Amount$672,635
Total Interest$443,099
Est. Property Tax$513/mo
Total Cost$1,115,734

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: South U

Discover South U

South U is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in South U

  • •Convenient location in London South
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

South U offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

LOT 171 HOBBS Drive, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$513
Insurance (est.)-$151
Net Cash Flow+$2,536

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $483/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In London South's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in London South are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London South. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About South U

I know South U well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    LOT 171 HOBBS Drive, London South | $724,900 | Battaglia Team