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For sale
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$359,900

Est. $1,686/mo mortgage

0ba

947 Dearness Drive · London South, N6E 1N6

MLS® X13861842

2 days on market2 days on market

Listed Oct 5, 2026

Listing courtesy of Blue Forest Realty INC.·Updated yesterday

Description

Prime 45.12 ft x 193.99 ft vacant residential lot with R1-4 zoning, in a sought-after, well-established South London neighbourhood. This property offers easy access to everything London has to offer. Enjoy close proximity to White Oaks Mall, parks, schools, public transit, and major routes, while still having the peace and quiet of a mature residential street. The rear yard is lined with mature trees, creating a natural backdrop and added privacy rarely found with city lots. Imagine waking up each morning in a brand-new home built from scratch, tailored to your style, on a site in one of London's solid growth corridors. Or consider the investment angle: secure the land now, design later, and capture upside as South London continues to expand. Permit obtained for removal of one of the large trees on property.

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Property details

Building & lot

Type
Vacant Land, Other
Lot size
45.12 × 193.99 ft · < .50 acres

Fees & taxes

Property tax
$1,207/yr (2025)

Location & neighbourhood

Directions
White Oaks →

London South, ON

Large south London neighbourhood anchored by White Oaks Mall with diverse housing and strong transit.

Monthly paymentest. $2,228/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,686
Property tax$217
Insurance (est.)$75
Utilities (est.)$250
Total monthly$2,228
Land transfer tax$3,874 on closing

Ontario LTT

$3,874

First-time rebate

−$3,874

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

$359,900

Listed Oct 5, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Affordabilityneeds $91,000 household income

Minimum household income required

$91,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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