1055 Dearness Drive, London, Ontario N6E 1N8 (27915263)


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1055 Dearness Drive London, Ontario N6E 1N8

22593.43 sqft

$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:53015)

Business

Business Type Residential
Business Sub Type Residential

Property Details

MLS® Number X11972664
Property Type Vacant Land
Community Name South Y
Features Irregular Lot Size

Building

Size Interior 22593.43 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Depth 194 Ft
Size Frontage 120 Ft
Size Irregular 120 X 194 Ft ; 194.01ft X 112.69ft X 194.16ft X 120ft
Size Total Text 120 X 194 Ft ; 194.01ft X 112.69ft X 194.16ft X 120ft
Zoning Description R9-1(3)h19 B79

https://www.realtor.ca/real-estate/27915263/1055-dearness-drive-london-south-y

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Frank Pontes
Salesperson

(519) 852-0909

Streetcity Realty Inc.

(519) 649-6900

Michael Jones
Salesperson

(519) 649-6900

Streetcity Realty Inc.

(519) 649-6900

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