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!
MLS# | X11972664 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 74 |
Listing Provided By | STREETCITY REALTY INC. | X11972664 288431 |
SQ Feet | 22,593 |
---|---|
Acreage | 0.52 |
Province | ON |
---|---|
County | Middlesex |
City | London |
Postal Code | N6E 1N8 |
Area | South Y |
Listing VS Median (in N6E 1N8) | |
Price: $1,499,900 low | high Med: $1,299,950 SqFt: 22,593 low | high Med: 22,295 $ / SqFt: $66 low | high Med: $58 On site: 74 low | high Med: 74.000000 |