Fantastic Duplex - Development Opportunity! Core Area classic yellow brick 2 storey Building. Featuring 2 x 2 bedroom apartments. Trendy units, lots of character, good layouts, lots of parking, tenant pays hydro, water, all on separate meters. Single car detached garage detached in the rear (Rent it for extra income). R-3 Zoning allowing for upto a 4 plex. Ideal to add an addition and bring this up to a 10% CAP - Located steps from BRT corridor with easy access to downtown. Call today for more details. Don't miss out!
4 bedrooms, 2 bathrooms, about 2,000 sq ft, works out to roughly $250 per square foot. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.
Inside 281 Hill St
Every detail from the listing, in one place.
Type
Duplex
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
4 spacesYes garage
Basement
Partial Basement, Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Partial Basement · Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Duplex
281 Hill St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13684482$499,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 281 Hill St Compares to the London Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,456
/mo
based on the purchase price of $499,900
$99,980 cash
$399,920 financed
$336,838 total interest
Principal54%$399,920
Interest46%$336,838
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in London
Other 3–4 bed homes for sale in London around $500K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,483Homes for sale here right now.
Median vs prior 90 days−1.7%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 1,772 sales from Jul 24 – Oct 22, 2026 (1,468 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 281 Hill St
How much is 281 Hill St listed for?
281 Hill St is listed at $499,900 (MLS® X13684482). Summitly updates the price as soon as the MLS® record changes.
Is $499,900 a good price for 281 Hill St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in London. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 281 Hill St changed?
No — 281 Hill St is still listed at its original asking price of $499,900.
How many bedrooms and bathrooms does 281 Hill St have?
281 Hill St has 4 bedrooms and 2 bathrooms, with about 2,000–2,500 square feet of living space. It is a duplex in London.
How much would the monthly mortgage be on 281 Hill St?
About $2,456 a month — principal and interest on $499,900 with 20% down ($99,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 281 Hill St compare with other homes in London?
Its asking price of $499,900 is about 11% below the median sold price in London over the last 90 days, $560,000, across 1,772 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 281 Hill St been sold before?
Summitly has no earlier MLS® sale or lease of 281 Hill St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 281 Hill St?
281 Hill St is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 281 Hill St been on the market?
66 days — 281 Hill St was listed on August 17, 2026.
What is the price per square foot of 281 Hill St?
About $200 to $250 per square foot: the asking price of $499,900 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 281 Hill St have parking or a garage?
Yes — the listing gives 4 parking spaces. Garage: Yes.
Does 281 Hill St have a basement, and is it finished?
The listing describes the basement as: Partial Basement, Unfinished.
