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:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Lot
120 x 194 ft
Features
Irregular lot size
Listing Contract Date
2025-02-14
Location Description
Corner of Dearness and Bradley
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
R9-1(3)H19 B79
Business
Business Type
Residential
Business Subtype
Residential
Building
Utility Water
Municipal water
Land
Total Size
120 x 194 FT ; 194.01ft x 112.69ft x 194.16ft x 120ft
Size of Irregular Land
120 x 194 FT ; 194.01ft x 112.69ft x 194.16ft x 120ft
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