1055 Dearness Drive, London | Image 1

1055 Dearness Drive

London, South Y

  • Commercial

$1,499,900
For Sale

Added 1 week ago

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  • Type: Land

  • Property Type: Commercial

  • Business Type: Residential

  • Zoning: R9-1(3)H19 B79

  • Age: No Data

  • Taxes: 5317

  • MLS®#: X11972664

  • Added: Feb 14, 2025 (1 week ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: STREETCITY REALTY INC.

Unlock the potential of this exceptional development site in one of South Londons most sought-after locations. Already zoned with Zoning in place for a 6-storey, 55-unit residential building, this property offers a rare turnkey development opportunity Hundreds of thousands spent with zoning approvals in placesaving 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. Both properties at 1047 Dearness and 1055 Dearness must be sold together 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!

Property

  • Status: Sale

  • Type: Residential

  • Property Type: Land

  • Property Type: Designated

  • Area: London

  • Community: South Y

  • Availability Date: 60 Days

Utilities

  • Utilities: Yes

Building

  • Energy Certificate: N

  • Green Verification Status: N

  • Water Supply: Municipal

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 52 PL 746 DESIGNATED AS PTS 1, 2 & 3 PL 33R-1131, S/T WU59003

  • Taxes: $5,317

  • Taxes Type: Annual

Land

  • Cross Street: Corner of Dearness a

  • Municipality District: London

  • Sewer: San+Storm

  • Lot Depth: 194 Feet

  • Lot Frontage: 120 Feet

  • Lot Irregularities: 194.01ft x 112.69ft x

  • Zoning: R9-1(3)H19 B79

Commercial Specific

  • Total Area: 22593.43

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

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Map of 1055 Dearness Drive, London
JK-8

Nicholas Wilson Public School

Elementary: Public
0.54 km
JK-8

St Francis School

Elementary: Catholic
1.44 km
JK-8

Rick Hansen Public School

Elementary: Public
0.97 km
JK-8

Wilton Grove Public School

Elementary: Public
1.29 km
JK-8

St Anthony Catholic French Immersion School

Elementary: Catholic
1.22 km
JK-8

White Oaks Public School

Elementary: Public
0.92 km
9-12

G A Wheable Secondary School

Secondary: Public
4.08 km
9-12

B Davison Secondary School Secondary School

Secondary: Public
4.74 km
9-12

London South Collegiate Institute

Secondary: Public
4.19 km
9-12

Regina Mundi College

Secondary: Catholic
4.80 km
9-12

Sir Wilfrid Laurier Secondary School

Secondary: Public
1.78 km
9-12

H B Beal Secondary School

Secondary: Public
5.91 km
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