How much is Lot 207 Hobbs Dr listed for?

Lot 207 Hobbs Dr is listed at $724,900 (MLS® X12664924). Summitly updates the price as soon as the MLS® record changes.

Is $724,900 a good price for Lot 207 Hobbs Dr?

Summitly rates it Fair Price: the asking price is Within 3% below to 5% above 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.

Has the price of Lot 207 Hobbs Dr changed?

Yes — it was first listed at $829,900 and is now $724,900, a drop of $105,000 (12.7%).

How many bedrooms and bathrooms does Lot 207 Hobbs Dr have?

Lot 207 Hobbs Dr has 4 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in London.

How much would the monthly mortgage be on Lot 207 Hobbs Dr?

About $3,561 a month — principal and interest on $724,900 with 20% down ($144,980), 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 Lot 207 Hobbs Dr compare with other homes in London?

Its asking price of $724,900 is about 29% above the median sold price in London over the last 90 days, $560,000, across 1,698 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 Lot 207 Hobbs Dr been sold before?

Summitly has no earlier MLS® sale or lease of Lot 207 Hobbs Dr on record from the last two years. Older records aren't shown under TRREB rules.

Where is Lot 207 Hobbs Dr?

Lot 207 Hobbs Dr is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has Lot 207 Hobbs Dr been on the market?

306 days — Lot 207 Hobbs Dr was listed on January 6, 2026.

What is the price per square foot of Lot 207 Hobbs Dr?

About $362 to $483 per square foot: the asking price of $724,900 over the 1,500–2,000 sq ft the listing gives as its size range.

Does Lot 207 Hobbs Dr have parking or a garage?

Yes — the listing gives 2 parking spaces. Garage: Yes.

Does Lot 207 Hobbs Dr have a basement, and is it finished?

The listing describes the basement as: Full, Unfinished.

For saleFair Price

DetachedOn market 306 daysPrice drop · $105,000 off (-12.7%)

Lot 207 Hobbs Dr, London

Name: Lot 207 Hobbs Drive
SKU: X12664924
Price: 724900 CAD
Availability: InStock

London, ON · · MLS® X12664924Updated June 5, 2026

$724,900Est. $3,561/mo mortgage

Bedrooms: 4
Bathrooms: 2
Living space: 1500–2000sq ft
Parking spaces: 2

Type Detached
Lot 50 acres
Garage Yes
Basement Full, Unfinished

What you should know

Lot 207 Hobbs Dr is a 4-bedroom, 2-bathroom detached home in London, listed for $724,900. It has 1500-2000 sq ft of living space.

To be built in Jackson Meadows; southeast London's newest up and coming neighbourhood.
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.
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.

Ask Zara:

4 Bed, 2 Bath Detached Home in London

About Lot 207 Hobbs Drive

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.

4 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $483 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside Lot 207 Hobbs Dr

Every detail from the listing, in one place.

Type: Detached
Style: 2-Storey
Living space: 1500-2000 sq ftas stated on the listing
Parking: 2 spacesYes garage
Basement: Full, Unfinished

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 2

Interior

Basement: Full · Unfinished

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Detached

Lot 207 Hobbs Dr Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—ReducedPrice reducedThis listingMLS® X12664924−$105,000 (12.7%)$724,900
Jan 6, 2026For saleListedThis listingMLS® X12664924$829,900

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How Lot 207 Hobbs Dr Compares to the London Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Fair Price· based on 3,250 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

London market, last 90 days

Median sold price: $560,000
Average sold price: $610,412
Average days on market: 39
Homes sold: 1,698

Closed sales on the TRREB MLS®.

Full London market report

Recently sold nearby in London

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeLot 207 Hobbs Drive 4 bd · 2 ba · 1,500 sqft	$724,900asking	$483	—	—
1573 Dylan Street 4 bd · 3 ba · 2,000 sqft
811 Clearview Crescent 4 bd · 4 ba · 2,000 sqft
9 Yarmouth Drive 3 bd · 2 ba · 1,100 sqft
564 Chiddington Avenue 3 bd · 1 ba · 1,100 sqft
94 Christian's Court 3 bd · 2 ba · 1,100 sqft
1749 Jalna Boulevard 3 bd · 3 ba · 1,100 sqft

1573 Dylan Street
4 bd · 3 ba · 2,000 sqft
811 Clearview Crescent
4 bd · 4 ba · 2,000 sqft
9 Yarmouth Drive
3 bd · 2 ba · 1,100 sqft
564 Chiddington Avenue
3 bd · 1 ba · 1,100 sqft
94 Christian's Court
3 bd · 2 ba · 1,100 sqft
1749 Jalna Boulevard
3 bd · 3 ba · 1,100 sqft

Living in London: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

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How long is your commute?

From Lot 207 Hobbs Dr. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for Lot 207 Hobbs Dr

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $3,561; 20% down · 25 years · 5.5% assumed
Property tax: $399; 0.66% mill rate · ON
Total per month: $3,960; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$3,561

/mo

based on the purchase price of $724,900

Down payment20%

$144,980 cash

Amortization25 yr

$579,920 financed

Rate5.50%

$488,445 total interest

Principal54%$579,920

Interest46%$488,445

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

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.

For homeowners nearby

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Listing brokerage: CENTURY 21 FIRST CANADIAN CORP, BrokerageMLS® X12664924 · Listing data last updated June 5, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

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.

For sale· listed Jan 5· $483/sq ft

Estimated monthly mortgage$3,561/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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Lot 207 Hobbs Dr, London

What you should know