Detached House sold at 1038 Dearness Drive, London South, Ontario, N6E 1N7 - South Y - MLS: X12901810

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1038 Dearness Drive

London South, Ontario, N6E 1N7 - South Y

$784,900$000000

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Neighbourhood

South Y
Major Intersection

Bradley Avenue

Listed Since: 48 day(s)
Last update: 4 day(s) ago

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Overview

Property Type

Detached, 2-Storey
Bedrooms

3 + 1
Bathrooms

3
Basement

Full + Finished
Kitchen

1 + 1
Total Parking

9 (1 Detached Garage)
Lot Size

65.84x196.27 (Feet)
Taxes

$4,543.00 (2025)
Type

Freehold

Property Description

Property description for 1038 Dearness Drive, London South

Welcome to this extensively rebuilt two-storey home, constructed on an existing foundation and thoughtfully updated from top to bottom. Featuring 2x6 exterior walls and major upgrades including a new roof, windows, flooring, plumbing, and electrical, this home offers modern comfort with exceptional versatility. The main level boasts a bright, open-concept design with a spacious kitchen complete with a large island, granite countertops, and a walk-in pantry. Expansive windows fill the living area with natural light, and a convenient 2-piece bathroom completes the level. Upstairs, you'll find three generously sized bedrooms, each with corner windows and ceiling fans, along with a 4-piece cheater ensuite that also functions as a laundry area. An open office space provides flexibility for working from home or additional living use. The fully finished lower level offers excellent in-law or income potential, featuring a separate kitchen with stainless steel appliances, one bedroom, a 3-piece bathroom, and its own laundry. The home is serviced by 200-amp electrical and includes a well-equipped utility room with a natural gas furnace, air conditioning, water softener, water heater, and water system. Outside, enjoy a large double-wide concrete driveway with parking for up to 8 vehicles, a single-car garage (14' x 24'), storage shed, and a covered front porch. The partially covered back deck is perfect for outdoor living, complete with a gas line for BBQ, a 35-amp RV outlet, and garden beds for a vegetable garden (removable at the seller's discretion). A rare opportunity offering modern upgrades, flexible living space, and exceptional outdoor features-ideal for families, multi-generational living, or investment potential.

Listed by EXP REALTY

Property details

MLS #

X12901810
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

Y
Year Built

51-99
Pool

None
Drive

Pvt Double
Garage

Detached, 1 spaces
Total Parking

9
Family Room

Y
Den

Y
Exterior

Vinyl Siding
Fireplace

N
Roof

Asphalt Shingle
Foundation

Concrete Block
Elevator

N
Water View

n/a
Laundry Level

Upper
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

X12901810
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

Y
Year Built

51-99
Pool

None
Drive

Pvt Double
Garage

Detached, 1 spaces
Total Parking

9
Family Room

Y
Den

Y
Exterior

Vinyl Siding
Fireplace

N
Roof

Asphalt Shingle
Foundation

Concrete Block
Elevator

N
Water View

n/a
Laundry Level

Upper
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

4.91 x 7.16 ft Main level
Dining

3.64 x 2.82 ft Main level
Kitchen

3.59 x 4.33 ft Main level
Mudroom

2.39 x 2.1 ft Main level
Bathroom

2.13 x 0.85 ft Main level

2 Pc Bath
Br

4.49 x 3.49 ft 2nd level

4 Pc Ensuite
Bathroom

2.34 x 2.94 ft 2nd level

4 Pc Ensuite
2nd Br

3.81 x 3.57 ft 2nd level

Closet
3rd Br

3.61 x 2.77 ft 2nd level

Closet
Family

3.67 x 3.3 ft 2nd level
Utility

4.11 x 2.08 ft Lower level
4th Br

3.23 x 3.33 ft Lower level
Living

5.6 x 3.25 ft Lower level
Kitchen

3.19 x 5.02 ft Lower level
Bathroom

2.0 x 1.71 ft Lower level

3 Pc Bath

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Estimated price

Date

Price

Change

2026-03-19

$792,101

2.24%

Local Real Estate Price Trends for Detached in South Y

Active listings

Average Selling Price of a Detached

April 2026

$555,168

Last 3 Months

$578,094

Last 12 Months

$559,697

April 2025

$558,625

Last 3 Months LY

$402,875

Last 12 Months LY

$545,817

Change

-1%

Change

43%

Change

Number of Detached Sold

April 2026

Last 3 Months

Last 12 Months

April 2025

Last 3 Months LY

Last 12 Months LY

Change

50%

Change

150%

Change

25%

How many days Detached takes to sell (DOM)

April 2026

Last 3 Months

Last 12 Months

April 2025

Last 3 Months LY

Last 12 Months LY

Change

-47%

Change

-4%

Change

58%

Average Selling price

Inventory Graph

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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