- Bedrooms
- 6+2
- Bathrooms
- 6
- Size
- 2,000–2,500sq ft
- Per sq ft
- $400at the range’s middle
- Lot
- Under 0.50 acres
- Tax a year
- $7,1162026 tax year
- Parking
- 51 detached
- Days on market
- Members
The brief
About 1010 Dearness Dr
1010 Dearness Dr is a 6+2-bedroom, 6-bathroom detached house in South Y, London South, listed for sale at an asking price of $899,998 (MLS® X13876510).
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.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $7,116 / 2026
- MLS® number
- X13876510
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 2000-2500 sqft
- Lot Size
- 58.54 x 195.82 ft
- Listed on
- Parking
- 1 Detached, 5 Parking
Property details
Property
- Property Type
- Detached
- Style
- 1 1/2 Storey
- Community
- South Y
- Municipality
- London South
Building
- Size
- 2000-2500 sqft
- Construction
- Alum Siding
Inside
- Bedrooms
- 6+2
- Bathrooms
- 6
- Bathroom Details
- 2 × 3pc Main, 1 × 3pc Upper, 2 × 3pc Bsmt, 1 × 4pc Main
- Basement Type
- Separate Entrance
- Kitchens
- 2
Parking
- Garage Type
- Detached
- Garage
- 1
- Additional Parking
- 4
- Total Parking
- 5
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 58.54 ft
- Depth
- 195.82 ft
- Lot Size
- 58.54 x 195.82 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- 3 Electric Stoves with Range Hoods, 3 Refrigerators, 2 Dishwashers, 2 Microwaves, 2 Washers, 2 Dryers, Smart Thermostat and owned Hot Water Tank.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 4.1 × 4.45 m | Electric Fireplace, Laminate, W/O To Porch | Main |
| Dining | 3.13 × 3.42 m | Laminate | Main |
| Kitchen | 3.7 × 2.31 m | — | Main |
| Primary | 3.71 × 2.62 m | Laminate, Tile Ceiling | Main |
| 2nd Br | 4.85 × 3.32 m | — | 2nd |
| 3rd Br | 4.85 × 3.06 m | — | 2nd |
| Kitchen | 3.74 × 3.24 m | Tile Floor, Backsplash, Double Sink | Bsmt |
| Sitting | 5.35 × 4.93 m | Laminate | Bsmt |
| Room 9 | 3.1 × 2.62 m | Laminate | Bsmt |
| Laundry | 3.1 × 2.3 m | — | Bsmt |
| Family | 6.99 × 11.58 m | hardwood floor, Pot Lights, W/O To Deck | Main |
| Kitchen | 2.48 × 4.7 m | hardwood floor, Granite Counter, Pot Lights | Main |
| Primary | 3.35 × 6.0 m | hardwood floor, 4 Pc Ensuite | Main |
| 2nd Br | 3.59 × 3.67 m | Hardwood Floor | Main |
| 3rd Br | 4.04 × 3.54 m | Hardwood Floor | Main |
| 4th Br | 3.78 × 3.37 m | Vinyl Floor | Bsmt |
| Rec | 5.98 × 7.08 m | Vinyl Floor | Bsmt |
| Bathroom | 2.45 × 1.73 m | — | Main |
| Bathroom | 1.63 × 3.54 m | — | Main |
| Bathroom | 3.86 × 1.5 m | — | Main |
| Bathroom | 2.45 × 1.6 m | — | 2nd |
| Bathroom | 2.46 × 1.78 m | — | Bsmt |
| Bathroom | 1.9 × 3.73 m | — | Bsmt |
Listing history
Buy/sell history for 1010 Dearness Dr, London South, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $899,998 | N/A | Sce | X13876510 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $180,000
- Total mortgage amount
- $719,998
- Total interest payment
- $511,802
- Total purchase cost
- $1,411,800
- Mortgage payment
- $4,106/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$4,699- Rent $0
- Shortfall $4,699
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $14,475
- Total land transfer tax
- $14,475
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $10,475
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $899,998
- $10,000
- Ontario total
- $14,475
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 11,463 sq ft1,065 m²
- Street frontage
- 58.54 ft17.8 m
- Depth
- 195.82 ft59.7 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 mFrom Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 7.6 m.250 m
Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Safety-Kleen Canada Inc. [principal] — London Branch, 780 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by London Hydro Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at a household 100 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (100 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.100 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Upper Thames River Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Detached homes for sale in South Y right now
- For sale now
- 13
- Median asking price
- $585K
- New in 7 days
- 3
- Price cuts
- 31%
Middle half: $545K to $780K
6 in 28 days
4 listings
This home is asking 54% above the median, higher than three quarters of them.
See all homes in South YAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Nicholas Wilson Public SchoolThames Valley DSB | Public · grades JK–8 | 400 m | 59%Grade 6 average |
| Rick Hansen Public SchoolThames Valley DSB | Public · grades JK–8 | 1 km | 47%Grade 6 average |
| St Francis SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 1.3 km | 62%Grade 6 average |
| École élémentaire catholique Saint-Jean-de-BrébeufConseil scolaire catholique Providence | French-language Catholic · grades JK–6 | 4.4 km | 73%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Sir Wilfrid Laurier Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 1.6 km | 51%Grade 9 math |
| G A Wheable Secondary SchoolThames Valley DSB | Public · grades 9–12 | 3.9 km | — |
| École secondaire Gabriel-DumontConseil scolaire Viamonde | French-language public · grades 9–12 | 4.4 km | 77%Grade 9 math |
| Regina Mundi CollegeLondon District Catholic School Board | Catholic · grades 9–12 | 5 km | 43%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in South Y are shown to signed-in members.