1042 Dearness Drive, London South, ON N6E 1N7
South Y, London South · Near BRADLEY AVE · View map
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.
The home
- Type
- Vacant land
- Style
- Other
- Square footage
- 2500-3000 sq ft
- Bathrooms
- 0
- Lot size
- 45.2 x 196.7 ft
- Faces
- East
- View
- Clear
- Approximate age
- New
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Garage & parking
- Garage spaces
- 2
- Driveway spaces
- 2
- Total parking
- 4
Taxes & other
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- TO BE BUILT
- Cross street
- BRADLEY AVE
- Neighbourhood
- South Y
More
- Price per sq ft
- ~$120 (at 2,750 sq ft)
- MLS® number
- X13478680
No matching details. Ask Will instead
No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
1042 Dearness Drive, London South, ON N6E 1N7
South Y, London South · Near BRADLEY AVE
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 1042 Dearness Drive
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 1042 Dearness Drive
Answers come straight from this home’s MLS® listing.
How much is 1042 Dearness Drive listed for, and what would it cost each month?
1042 Dearness Drive is listed for $329,900. With 20% down ($65,980), the mortgage payment would be roughly $1,331 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,537 a month, all in. That figure is an illustration, not a quote.
Is 1042 Dearness Drive freehold or a condo, and is there a monthly fee?
1042 Dearness Drive is a vacant land in South Y, London South. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 1042 Dearness Drive have a garage and parking?
The listing does not show a garage. The driveway adds 2 spaces. In total the listing counts 4 parking spaces.
What style of home is 1042 Dearness Drive?
1042 Dearness Drive is a vacant land. Vacant land and farms are sold for the land itself; zoning, services and access decide what can be built.
How big is 1042 Dearness Drive, and what is the lot size?
The listing puts the home between 2,500 and 3,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 45.2 x 196.7 ft.
Where is 1042 Dearness Drive?
1042 Dearness Drive is in the South Y community of London South. The nearest main intersection is BRADLEY AVE. The postal code is N6E 1N7.
Is 1042 Dearness Drive still for sale?
Yes. It is an active listing (MLS® X13478680). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 1042 Dearness Drive asking?
Similar properties for sale nearby right now include 947 Dearness Drive at $359,900, 001 Woodbine Street at $339,000 and 3829 CAMPBELL Street N at $299,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 1042 Dearness Drive sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 1042 Dearness Drive?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near South Y, picked by style, size and price.
Vacant land$359,900947 Dearness Drive, London South0 bath · South YCourtesy of: BLUE FOREST REALTY INC.View home →
Vacant land$339,000001 Woodbine Street, London South0 bath · South BCourtesy of: RE/MAX ADVANTAGE REALTY LTD.View home →
Vacant land$299,0003829 CAMPBELL Street N, London South0 bath · South VCourtesy of: EXP REALTYView home →Courtesy of: INITIA REAL ESTATE (ONTARIO) LTD
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.