Land

1047 Dearness Dr, London, Ontario N6E 1N8

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Property Description

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!

Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : X11972663
Price : $1,100,000
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 1
Address
Postal Code : N6E 1N8
City : London
Street : Dearness
Street Number : 1047
Street Suffix : Dr
Floor Number : 0
Longitude : W82° 46' 44.1''
Latitude : N42° 56' 7''
Brokerage
Office Name : STREETCITY REALTY INC.
Extra Information
Area : Middlesex
living_area : 0
living_area_unit : Sqft
Community : South Y
Lease : Sale
Tax Year : 2024
Land For Sale
  • Listing ID : X11972663
  • Lot Area : 0 Sqft
  • Visits : 26 in 48 days
$1,100,000