$1,100,000
FOR SALE

Land

Lot: 113 x 193.5 ft

1047 Dearness Drive
London, ON N6E 1N8

Unlock the potential of this exceptional development site in one of South Londons most sought-after locations. Both properties at 1047 Dearness and 1055 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! (id:47421)
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Listed By STREETCITY REALTY INC.
Data Provided By London and St. Thomas Association of REALTORS®
MLS® Listing Number X11972663
Last Updated Feb 14, 2025
Property Summary
Property Type Land

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Community South Y
Price History

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Detailed Information
Lot 113 x 193.5 ft
Farm Type Other
Listing Contract Date 2025-02-14
Location Description Bradley
Property Type Vacant Land
Transaction Type For sale
Zoning Description R9(3) H19 B79
Building
Utility Water Municipal water
Land
Total Size 113 x 193.5 FT ; 113 x 193
Size of Irregular Land 113 x 193.5 FT ; 113 x 193

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