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Listed 3 months ago

Lot 209 Hobbs Drive

South U, London South

$767,800

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

To be built in Jackson Meadows; southeast London's newest up and coming neighbourhood. This home boasts 2,094 sq ft of living space with 4 bedrooms and 3.5 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 3 full baths, including an elegant 5pc ensuite and spacious primary retreat with a large walk-in closet; as well as 3 additional bedrooms each with direct access to a main bath. 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.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNew
Size2000-2500 sq. ft.
Property Tax---
Lot Size33.5 ft x 108.54 ft
mls© NumberX13415110
Listed ByCENTURY 21 FIRST CANADIAN CORP. SHAHIN TABESHFARD 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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,930
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$4,080 / mo

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

Down payment20% · $153,560
25-yr amortization

Income needed

$126,000

gross annual household income

Payment at 4%
$3,231 / mo
Cash down
$153,560

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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