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1055 DEARNESS DRIVE
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1055 DEARNESS DRIVE $1,499,900
$1,499,900
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1055 DEARNESS DRIVE
London, Ontario N6E1N8

MLS® Number: X11972664

Listing 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! (39887927)

Location Description

Corner of Dearness and Bradley

Property Summary

Property Type
Vacant Land
Community Name
South Y
Land Size
120 x 194 FT ; 194.01ft x 112.69ft x 194.16ft x 120ft
Annual Property Taxes
$5,317
Time on REALTOR.ca
41 days

Building

Building Features
Features
Irregular lot size
Utilities
Water
Municipal water
Business
Business Type
Residential (Residential)

Measurements

Square Footage
22593 sqft

Land

Lot Features
Frontage
120 ft
Land Depth
194 ft
Other Property Information
Zoning Description
R9-1(3)H19 B79
Data provided by: London and St. Thomas Association of REALTORS® 342 COMMISSIONERS Road West, LONDON, Ontario N6J 1Y3

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