Home with brick exterior material, street for 1042 Dearness Dr, London Ontario N6E 1N7
44 days on Market

1042 Dearness Dr, London, Ontario N6E 1N7

Townhouse
4 + 2
3
- sqft
$1,350,000
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Townhouse
4 + 2
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$5,798/mo

Tax Amount (2025)-

Days On Market44 days


Description

An exceptional opportunity to own a to-be-built high-end four-plex on a huge 196-foot deep lot! This well-designed investment property features: 1 spacious unit with 2 bedrooms. 2 units with 1 bedroom + den (den can easily be converted into a second bedroom!)1 well-appointed 1-bedroom unit. Each unit is fully self-contained with its own kitchen and bathroom, offering modern comfort and privacy. The property also includes a 2-car garage and a 2-car driveway, providing ample parking. Prime location! Just minutes from Highway access, Fanshawe College, White Oaks Mall, and a variety of other amenities. Looking for a custom dream home instead? The builder is open to constructing a fully customized home on this expansive lot with your preferred floor plan and finishes! Don't miss this rare opportunity contact us today to discuss your options!


Property Details

Style2-Storey
ViewClear
Age of propertyNew
SqFt-
Lot Size8,880 SqFt(196.65 x 45.16)
Parking Spaces4
MLS ®NumberX12042747
Community NameWestminster
Data SourceTRREB
Listing byINITIA REAL ESTATE (ONTARIO) LTD

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment

Features

Lot size: 8,880 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 2

Total parking spaces 4


Property listed by INITIA REAL ESTATE (ONTARIO) LTD, Brokerage
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Market Data - Westminster

Geo Zone Map ThumbnailWestminster

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

7 days

2023

6 days

New Listings

Past 30 days

1 listing

Compared to

2024

4 listings

2023

12 listings

Units sold

Past 30 days

0 unit

Compared to

2024

2 units

2023

7 units

Median Sold Price

Past 30 days

$0

Compared to

2024

$420,050

2023

$500,000


Population and Demographics

Overview

Total population 11963
Average household income $97,743

Age (%)

0 to 19
24%
50 to 64
19%
65 and plus
19%
20 to 34
19%
35 to 49
19%

Household composition (%)

Single family
72%
Single person
23%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
80%
Arabic
7%
Spanish
3%
Others
3%
Portuguese
2%
Polish
1%
French
1%

House tenancy (%)

Owners
77%
Renters
23%

Schools and amenities

Estimated Budget