1055 Dearness Drive London, Ontario N6E 1N8
$1,499,900
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! (id:61716)
Business
| BusinessType | Residential |
| BusinessSubType | Residential |
Property Details
| MLS® Number | X11972664 |
| Property Type | Vacant Land |
| Neigbourhood | Westminster |
| Community Name | South Y |
| Features | Irregular Lot Size |
Building
| SizeInterior | 22593.43 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 194 Ft |
| SizeFrontage | 120 Ft |
| SizeIrregular | 120 X 194 Ft ; 194.01ft X 112.69ft X 194.16ft X 120ft |
| SizeTotalText | 120 X 194 Ft ; 194.01ft X 112.69ft X 194.16ft X 120ft |
| ZoningDescription | R9-1(3)h19 B79 |
https://www.realtor.ca/real-estate/27915263/1055-dearness-drive-london-south-y
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February 14 2025 06:21:10
London and St. Thomas Association of REALTORS®
Streetcity Realty Inc.
