$899,998
Est. payment $3,985/moCalculate yours
1010 Dearness Drive, London South, ON N6E 1N7
South, London, ON N6E 1N7
- 6 + 2 Beds
- 6 Baths
- 1 Garage
- 2,000 Sq Ft
Listing courtesy of CENTURY 21 FIRST CANADIAN CORP MLS® X13876510
About this home
Multi-generational living at its best or exceptional rental investment opportunity, this detached linked home with 3 separate entrances boasts 8 bedrooms, 6 full bathrooms and 3 fully equipped kitchens all in the desirable neighbourhood of White Oaks!! The main house has 4 bedrooms with the primary on the main floor, 2 on the second level and one in the basement in-law suite with each level having a 3-piece bathroom. The self-contained in-law basement suite has a full kitchen and living/dining room. The addition, completed in 2022, has 3 bedrooms on the main floor and one in the basement. The main floor with hardwood floors also has an ensuite 4-piece bathroom, another 3-piece bathroom, full kitchen with quartz counter-tops, breakfast area with walk-out to the large deck, dining/lounge area and living room. The basement has the 4th bedroom, a 3-piece bathroom and recreation room. There is enough space to add 2 more bedrooms in the basement with each having egress windows. Many extras and updates done to the main house such as new roof in 2026 and 200-amp service added, separate central A/C installed in 2017 and laminate floors in 2019. In 2022, the front porch was re-built, a small 1-car garage added as well as an interlocking brick driveway holding 4 vehicles. Heating, ventilation and electrical are not shared between the 2 houses, but the hot water tank was purchased in 2017 and shared. These two houses are separated by a small foyer, each having separate entrances. Apart from multi-generational family living, this property has an excellent rental potential! The main house has the potential to be rented for $2,500 to $3,200 per month while the addition may bring in $3,500 more, potentially generating up to $6,700 in monthly gross revenue which may tally over $80,000 per year! Location is key as White Oaks Mall is only a 10-15 minute walk away with easy public transport connections to downtown London.
Property details
Overview
- Property Type
- Detached
- Style
- 1 1/2 Storey
- For
- For Sale
- Status
- Sold Conditional Escape
- Size
- 2,000 sqft
Interior
- Bedrooms
- 6 + 2
- Bathrooms
- 6
- Kitchens
- 3
- Basement
- Separate Entrance, Full, Partially Finished, Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 58.54 x 195.82 Feet
- Parking
- Detached garage · 5 total
- Zoning
- R1-4
Financial
- Property Taxes
- $7,116 (2026)
Location
- Neighbourhood
- South
- Cross Street
- Bradley Avenue & Southdale Road E
- Direction Faces
- East
Listing
- MLS® Number
- X13876510
- Days on Market
- 10
- Listed On
- 2026-10-08
- Possession
- 30-59 Days
- Listed By
- CENTURY 21 FIRST CANADIAN CORP
Rooms
Features
Interior
- Air Exchanger
- Auto Garage Door Remote
- Central Vacuum
- In-Law Suite
- Primary Bedroom - Main Floor
- Separate Heating Controls
- Separate Hydro Meter
- Sewage Pump
- Sump Pump
- Ventilation System
- Water Heater
- Water Heater Owned
Property
- Fenced Yard
- Hospital
- Park
- Place Of Worship
- Public Transit
- School Bus Route
Pool
- None
- Included
- 3 Electric Stoves with Range Hoods, 3 Refrigerators, 2 Dishwashers, 2 Microwaves, 2 Washers, 2 Dryers, Smart Thermostat and owned Hot Water Tank.
Mortgage calculator
Estimated mortgage payment
$3,985 per month
- Principal and interest
- $3,985
- Property tax
- $593
- Condo fees
- $0
- Estimated monthly cost
- $4,578
Your mortgage
- Mortgage amount
- $719,998
- Mortgage insurance
- Not needed
- Interest over 25 years
- $475,500
Cash to close
- Down payment
- $180,000
- Land transfer tax
- $14,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $194,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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