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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13861842For SaleVacant Land

947 Dearness Dr

South Y, London South, Ontario N6E 1N6

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947 Dearness Dr, London South, photo 1
Asking$359,900
Lot
Under 0.50 acres
Tax a year
$1,2072025 tax year
Days on market
Members

The brief

About 947 Dearness Dr

947 Dearness Dr is vacant land in South Y, London South, listed for sale at an asking price of $359,900 (MLS® X13861842).

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.

Insights

  • Condition Score

    Not stated

    No condition indicators were supplied

    Source: Listing record

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$1,207 / 2025
MLS® number
X13861842
Board
TRREB MLS®
Property Type
Vacant Land
Days on market
Lot Size
45.12 x 193.99 ft
Listed on
Listing brokerage: BLUE FOREST REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Vacant Land
Style
Other
Community
South Y
Municipality
London South

Land

Frontage
45.12 ft
Depth
193.99 ft
Lot Size
45.12 x 193.99 ft

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Listing history

Buy/sell history for 947 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 StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$359,900N/AFor SaleX13861842

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $71,980

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
$71,980
Total mortgage amount
$287,920
Total interest payment
$204,680
Total purchase cost
$564,580
Mortgage payment
$1,642/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

—

Monthly carrying cost

$1,743
−$1,743per month
  • Rent $0
  • Shortfall $1,743

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
$3,874
Total land transfer tax
$3,874
First-time buyer rebates (Ontario up to $4,000)
−$3,874
Total for first-time buyers
$0
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 $359,900
$1,649
Ontario total
$3,874

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

Street frontage
45.12 ft13.8 m
Depth
193.99 ft59.1 m
Lot size
Under 0.50 acresAs the board bands it

The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by GeoWarehouse.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

12 records · 5 on fileRead 2026-10-28
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 9.1 m below ground nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by London Hydro Inc.Wired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation3

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m250 m
  • Groundwater recorded about 9.1 m below ground nearbyThe middle water level in the well records within 500 m (24 records). It changes with the season and from spot to spot.500 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
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Safety-Kleen Canada Inc. [principal] — London Branch, 1.1 km away. Only facilities above the inventory’s reporting thresholds are listed.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 this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • 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

Market area · filters apply to the charts below

The street

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Nicholas Wilson Public SchoolThames Valley DSBPublic · grades JK–8400 m59%Grade 6 average
Rick Hansen Public SchoolThames Valley DSBPublic · grades JK–8900 m47%Grade 6 average
St Francis SchoolLondon District Catholic School BoardCatholic · grades JK–81.2 km62%Grade 6 average
École élémentaire catholique Saint-Jean-de-BrébeufConseil scolaire catholique ProvidenceFrench-language Catholic · grades JK–64.3 km73%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Sir Wilfrid Laurier Secondary SchoolThames Valley DSBPublic · grades 9–12 · French Immersion1.6 km51%Grade 9 math
G A Wheable Secondary SchoolThames Valley DSBPublic · grades 9–123.6 km—
École secondaire Gabriel-DumontConseil scolaire ViamondeFrench-language public · grades 9–124.4 km77%Grade 9 math
Regina Mundi CollegeLondon District Catholic School BoardCatholic · grades 9–125.3 km43%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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Recently sold nearby

Sold prices in South Y are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record