Gurvinder Nokwal REALTOR®
For Sale Vacant Land 118 days on market

$329,900 ↓ $30,000 from $359,900

Est. payment $1,461/moCalculate yours

1042 Dearness Drive, London South, ON N6E 1N7

South, London, ON N6E 1N7

  • 2,500 Sq Ft
Map

Listing courtesy of INITIA REAL ESTATE (ONTARIO) LTD MLS® X13478680

About this home

Rare opportunity to acquire a generously sized residential lot in desirable South London. This spacious property measures 45.16 x 198.48 feet, offering exceptional depth and flexibility for future development. Ideally located close to major highways, shopping centres, schools, parks, and other everyday amenities, providing both convenience and strong long-term value. The lot presents excellent potential for builders, investors, or end users looking to construct a detached home or explore the possibility of a multi-family residential dwelling for rental income (subject to municipal approvals). With its large lot size and prime location, this property offers numerous possibilities to design and build a custom residence or income-generating property in a growing and well-connected area of South London. A great opportunity to secure land in a sought-after neighbourhood with strong future potential. Buyer to perform their own due diligence regarding zoning, permits, and development possibilities.

Property details

Overview

Property Type
Vacant Land
Style
Other
For
For Sale
Status
Price Change
Approximate Age
New
Size
2,500 sqft

Building & Systems

Exterior
Brick
Foundation
Poured Concrete
Sewer
Sewer

Lot & Parking

Lot Size
45.16 x 196.65 Feet
Parking
4 total
Zoning
R1-4

Location

Neighbourhood
South
Cross Street
BRADLEY AVE
Direction Faces
East

Listing

MLS® Number
X13478680
Days on Market
118
Listed On
2026-06-22
Possession
TO BE BUILT
Listed By
INITIA REAL ESTATE (ONTARIO) LTD

Mortgage calculator

Minimum for this price: $16,495 (5%)

Amortization, years

Estimated mortgage payment

$1,461 per month

Principal and interest
$1,461
Property tax
$0
Estimated monthly cost
$1,461

Your mortgage

Mortgage amount
$263,920
Mortgage insurance
Not needed
Interest over 25 years
$174,298

Cash to close

Down payment
$65,980
Land transfer tax
$3,424
Total, before legal fees
$69,404
Talk to me about financing

Estimates 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

1042 Dearness Drive, London South, ON N6E 1N7 South, London, ON N6E 1N7
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$329,900 1042 Dearness Drive, London South, ON N6E 1N7
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