For Sale: 1010 Dearness Drive, London, ON - REW
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$899,998
8 bd • 6 ba • 2000 - 2499 sf • House

1010 Dearness DriveLondon, ON, N6E 1N7

Westminster
  • 8 Bed
  • 6 Bath
  • 2000 - 2499 Sqft
  • House

About this home

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. ** This is a linked property.** (id:63626)
Listed by: BRIAN TRABOULAY, Sales Representative, CENTURY 21 FIRST CANADIAN CORP

Home facts and features

Price details
List Price
Gross Taxes for 2026
$7,116
Home facts
Bedrooms
8
Full Bathrooms
6
Parking Spaces
5
Parking Details
Garage, Detached Garage
Property Type
House
Lot Size
58 ft x 195 ft (11454 ft²)
Depth
195.8 feet
Frontage
58.6 feet
Title
Freehold
Exterior Finish
Brick, Aluminum siding
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning, Air exchanger, Ventilation system
Basement Details
Finished, Partially finished, Full, Separate entrance, , ,
Features
Alarm system, Dry, Fireplace(s), Flat site, In-Law Suite, Monitored Alarm, Separate Electricity Meters, Separate Heating Controls, Smoke Detectors, Sump Pump
Appliances
Central Vacuum, Dishwasher, Dryer, Garage door opener remote(s), Hood Fan, Microwave, Refrigerator, Stove, Two Washers, Water Heater
Community
Agent details
Primary Agent
BRIAN TRABOULAY
Primary Broker
CENTURY 21 FIRST CANADIAN CORP
Listing details
Days on REW
1 Day
MLS® Number
X13876510
Source
Canadian Real Estate Association
Board
London and St. Thomas Association of REALTORS®
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Purchase Price
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25 Years
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Property Insights

Nicholas Wilson Public School
  • Public
  • JK - 8
Rick Hansen Public School
  • Public
  • JK - 8
White Oaks Public School
  • Public
  • JK - 8
Wilton Grove Public School
  • Public
  • JK - 8
St Anthony Catholic French Immersion School
  • Catholic
  • JK - 8
St Francis School
  • Catholic
  • JK - 8
Sir Arthur Carty School
  • Catholic
  • JK - 8
Sir Wilfrid Laurier Secondary School
  • Public
  • 9 - 12
Ashley Oaks Public School
  • Public
  • JK - 8
Arthur Stringer Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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