1055 Dearness Drive London, ON

PROPERTY INFO

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:4555)

PROPERTY SPECS

Listing ID X11972664
Address 1055 DEARNESS DRIVE
City London, ON
Price $1,499,900
Land Size 120 x 194 FT ; 194.01ft x 112.69ft x 194.16ft x 120ft
Status For sale

EXTENDED FEATURES

Features Irregular lot sizeUtility Water Municipal water Date Listed 2025-02-14 15:01:14Days on Market 9

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LISTING OFFICE:
Streetcity Realty Inc., Michael Jones

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