$1,499,900
 $8,052 est/mo Sourced by Back At You

1055 Dearness Drive,London, ON N6E 1N8

London, ON N6E 1N8

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Description

Unlock the potential of this exceptional development site in one of South Londons most sought-after locations. Both properties at 1055 Dearness and 1047 Dearness must be sold together and combined these have a Zoning in place for a 6-storey, 55-unit residential building on these two lots. This property offers a rare turnkey development opportunity Hundreds of thousands spent with zoning approvals in place saving developers time and costs. Possibility of adding additional units (subject to Municipality/Zoning approval). This prime site is located just steps from White Oaks Mall, major retail stores, restaurants, transit, easy access to Highway 401, Hospitals, schools, medical clinics, pharmacies etc., ensures strong tenant demand and long-term investment value. With zoning already secured, the flexibility remains for you to tailor the project to your vision. Don't miss out on this shovel-ready opportunity in a high-growth area. Seize the chance to build in one of London's top investment corridors!

Details

MLS#X11972664
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site74
Listing Provided BySTREETCITY REALTY INC. | X11972664 288431

Features

SQ Feet22,593
Acreage0.52
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 5 minutes ago
ProvinceON
CountyMiddlesex
CityLondon
Postal CodeN6E 1N8
AreaSouth Y
Listing VS Median (in N6E 1N8)
Price:
$1,499,900
low | high
Med:
$1,299,950
63.330888725915% of Average
SqFt:
22,593
low | high
Med:
22,295
51.31899260833% of Average
$ / SqFt:
$66
low | high
Med:
$58
62.337353683893% of Average
On site:
74
low | high
Med:
74.000000
100% of Average
Sourced by Back At You
Listing Updated: April 8, 2025 at 3:47:42 AM PDT