Living (4.1 × 4.45)
Electric Fireplace · Laminate · W/O To Porch
Level: Main
South Y, London South, Ontario N6E 1N7
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 activity for 1010 Dearness Dr, London South, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $899,998 | N/A | Sce | X13876510 |
Electric Fireplace · Laminate · W/O To Porch
Level: Main
Laminate
Level: Main
Level: Main
Laminate · Tile Ceiling
Level: Main
Level: 2nd
Level: 2nd
Tile Floor · Backsplash · Double Sink
Level: Bsmt
Laminate
Level: Bsmt
Laminate
Level: Bsmt
Level: Bsmt
hardwood floor · Pot Lights · W/O To Deck
Level: Main
hardwood floor · Granite Counter · Pot Lights
Level: Main
hardwood floor · 4 Pc Ensuite
Level: Main
Hardwood Floor
Level: Main
Hardwood Floor
Level: Main
Vinyl Floor
Level: Bsmt
Vinyl Floor
Level: Bsmt
Level: Main
Level: Main
Level: Main
Level: 2nd
Level: Bsmt
Level: Bsmt
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Province of Ontario open data
Province of Ontario open data
Province of Ontario open data
Province of Ontario open data · Government of Canada open data
Ontario Energy Board · Innovation, Science and Economic Development Canada
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Monthly Payment
$4,126
Total monthly payment
$4,719
Break-even down payment
100%
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$899,998
$899,998
CAD
Estimate unavailable
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