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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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1042 Dearness Drive London
For SalePrice DropLondon South

1042 Dearness Drive London, Vacant Land for Sale

MLS® X13478680

London, ON

138 days on market
$329,900
Previously $359,900
Show on Map
Show on Map
0Beds
0Baths
2,750Sqft
4Parking
Vacant Land

Overview· 1042 Dearness Drive London

MLS® #X13478680

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.

Broker

INITIA REAL ESTATE (ONTARIO) LTD

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Walk Score®80Very WalkableVery Walkable
Transit Score®51Good TransitGood Transit
Bike Score®—Not rated for cyclingNot rated for cycling
Schools516 schools within 1.5 km · nearest 464 m6 schools within 1.5 km · nearest 464 m
Parks603 parks within 1 km · nearest 175 m3 parks within 1 km · nearest 175 m
Convenience6712 groceries, cafes and pharmacies within 1 km · nearest 152 m12 groceries, cafes and pharmacies within 1 km · nearest 152 m
Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 1042 Dearness Drive London

Source: MLS® listing data
1042 Dearness Drive London

Vacant Land

1042 Dearness Drive London

London South

Built

New

Type

Vacant Land

Parking

Yes (4)

Property Tax

~$0/yr

Buying Essentials

Square Feet

2750 sqft

Facing Direction

East

Parking

Yes (4)

Finances

List Price

$329,900

Price per SQFT

$120/sqft

Property Tax

~$0/yr

Property Specs

Property Type

Vacant Land

MLS Size

2750 sqft

Age of Building

New

Policies & Utilities

Neighbourhood

London South

Listed On

Jun 22, 2026

Price & Listing History

Days on Market

Current: 138 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 1042 Dearness Drive London.

Source: No verified source available.Catchment boundaries and ratings are shown only when available.

No verified nearby school records were found for this property location.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$1,327/mo
Total Monthly$1,327

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0