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$1,100,000

Feb 14Land For Sale
bedroomsbed
washrooms0bath
MLS - #X11972663

1047 Dearness Drive, London South, ON N6E 1N8

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Average Price
110000000.0%
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Property Description

Property type

Land

Lot size

N/A

Style

Approx. Area

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About 1047 Dearness Drive

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!

Home Overview

Last updated

Feb 14

Virtual tour

None

Basement information

Building size

0.505

Status

In-Active

Property sub type

Land

Maintenance fee

$N/A

Year built

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Listed by STREETCITY REALTY INC.

Additional Details

Basement:N/A
Cooling:N/A
Heating:N/A
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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