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    For Sale - 1010 Dearness Drive, London South, Ontario

    Est payment $4,322/mo
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    Time on Jump  17 day

    AI Summary *

    • Spacious home featuring 8 bedrooms and 6 full bathrooms across multiple levels.
    • Perfect for multi-generational living with separate entrances for privacy.
    • Three fully equipped kitchens for convenience and versatility.
    • Updated addition with modern features, including a large deck and quartz countertops.
    • Great rental potential with possible monthly income exceeding $6,700.




    Multi-generational living at its best or exceptional rental investment opportunity, this detached linked home with 3 separate entrances boasts 8 bedrooms, 6 full bathrooms and 3 fully equipped kitchens all in the desirable neighbourhood of white oaks!! The main house has 4 bedrooms with the primary on the main floor, 2 on the second level and one in the basement in-law suite with each level having a 3-piece bathroom. The self-contained in-law basement suite has a full kitchen and living/dining room. The addition, completed in 2022, has 3 bedrooms on the main floor and one in the basement. The main floor with hardwood floors also has an ensuite 4-piece bathroom, another 3-piece bathroom, full kitchen with quartz counter-tops, breakfast area with walk-out to the large deck, dining/lounge area and living room. The basement has the 4th bedroom, a 3-piece bathroom and recreation room. There is enough space to add 2 more bedrooms in the basement with each having egress windows. Many extras and updates done to the main house such as new roof in 2026 and 200-amp service added, separate central a/c installed in 2017 and laminate floors in 2019. In 2022, the front porch was re-built, a small 1-car garage added as well as an interlocking brick driveway holding 4 vehicles. Heating, ventilation and electrical are not shared between the 2 houses, but the hot water tank was purchased in 2017 and shared. These two houses are separated by a small foyer, each having separate entrances. Apart from multi-generational family living, this property has an excellent rental potential! The main house has the potential to be rented for $2,500 to $3,200 per month while the addition may bring in $3,500 more, potentially generating up to $6,700 in monthly gross revenue which may tally over $80,000 per year! Location is key as white oaks mall is only a 10-15 minute walk away with easy public transport connections to downtown london.
    Listing IDX13876510
    Address1010 Dearness Drive
    CityLondon South, Ontario
    Price$899,998
    Bed / Bath8 / 6 Full
    Style1 1/2 Storey, Detached
    ConstructionAluminum Siding, Brick
    Land Size11485.08
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Air Exchanger, Auto Garage Door Remote, Central Vacuum, In-Law Suite, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter, Sewage Pump, Sump Pump, Ventilation System, Water Heater, Water Heater OwnedOutdoor Features Deck, Landscaped, Porch, Porch EnclosedAmenities Fenced Yard, Hospital, Park, Place Of Worship, Public Transit, School Bus RouteOwnership FreeholdBasement Separate Entrance, Full, Partially Finished, FinishedFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 5.00
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    Listing Brokerage: CENTURY 21 FIRST CANADIAN CORP

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
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    1010 Dearness Drive
    London South , Ontario
    8 6 $899,998
    Get more info