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For saleMLS® X13478680

1042 Dearness Drive

London, N6E 1N7

$329,900

Interior
2,500-3,000 ft²
Lot
45.16 × 196.65 ft
Type
Land

About this home

Rare opportunity to acquire a generously sized residential lot in desirable South London. 48 feet, offering exceptional depth and flexibility for future development. Ideally located close to major highways, shopping centres, schools, parks, and other everyday amenities, providing both convenience and strong long-term value. The lot presents excellent potential for builders, investors, or end users looking to construct a detached home or explore the possibility of a multi-family residential dwelling for rental income (subject to municipal approvals).

With its large lot size and prime location, this property offers numerous possibilities to design and build a custom residence or income-generating property in a growing and well-connected area of South London. A great opportunity to secure land in a sought-after neighbourhood with strong future potential. Buyer to perform their own due diligence regarding zoning, permits, and development possibilities.

Property details

Property type
Vacant Land
Ownership
Freehold
Age
New
Parking
4 spaces
Sewer
Sewer
Lot
45.16 × 196.65 ft lot
Time on market
132 days on market

Features

Outside

  • Brick

The lot

  • View: Clear

Location

Thinking about the area? Read my guide to London.

Estimate your payment

20% down. The minimum on this price is $16,495.

Your monthly payment

$1,461

Mortgage amount
$263,920
Interest over the amortization
$174,298

An estimate at a fixed rate compounded twice a year, with default insurance under 20% down. Your lender sets the real numbers, and I am happy to put you in touch with a mortgage professional.

Listing brokerage: INITIA REAL ESTATE (ONTARIO) LTD.

Listing courtesy of the London and St. Thomas Association of REALTORS. MLS® X13478680.

Measurements are deemed reliable but not guaranteed.

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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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.

Listing data provided under copyright by the London and St. Thomas Association of REALTORS and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Allan Congo is a Sales Representative with Century 21 First Canadian Corp., Brokerage. Each office independently owned and operated.

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