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.
Lot dimensions approximately 45.16 x 196.65 (square feet)
Zoned R1-4
Home design
Vacant land
Faces east
Brick construction listed for area (site context)
Parking
Total of 4 parking spaces
2 covered parking spaces
Construction
Brick construction
Utilities
Cable available
Sale and tax history for 1042 Dearness Dr
Sale History
Tax History
Date
Event
Price
TREB #X13478680
Jun 23, 2026
Listed
$359,900
TREB #X12869016
Jun 18, 2026
Delisted
—
Mar 9, 2026
Listed
$399,900
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.
TREB #X12042747
Mar 26, 2025
Listed
$1,350,000
TREB #X7976894
Feb 23, 2024
Listed
$329,900
TREB #X7754463
Sep 17, 2018
Listed
$140,000
TREB #X7504660
Sep 29, 2006
Listed
$69,900
As the MLS and public records start to fill up, we'll list the details here.