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1047 Dearness DR London, ON N6E 1N8
UPDATED:
02/14/2025 05:39 PM
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision South Y
MLS Listing ID X11972663
Annual Tax Amount $4,609
Tax Year 2024
Property Sub-Type Land
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!
Location
Province ON
County Middlesex
Community South Y
Area Middlesex
Zoning R9(3) H19 B79
Exterior
Utilities Available Yes
Lot Frontage 113.0
Lot Depth 193.5
Listed by STREETCITY REALTY INC.