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:4069)
Address
1055 DEARNESS DRIVE
List Price
$1,499,900
Property Type
Vacant Land
Area
Ontario
Sub-Area
London
Floor Area
22,593 Sq. Ft.
Lot Size
120 x 194 FT ; 194.01ft x 112.69ft x 194.16ft x 120ft Sq. Ft.
MLS® Number
X11972664
Listing Brokerage
STREETCITY REALTY INC.
Postal Code
N6E1N8
Zoning
R9-1(3)H19 B79
Features
Irregular lot size
