1046 Dearness Dr is a 2-bedroom, 2-bathroom detached home in London, listed for $399,900. It has 700-1100 sq ft of living space.
1Inside, the spacious living room offers a large picture window and an updated fireplace.
2The adjoining kitchen and dinette area presents an excellent opportunity to open up the space and create a larger kitchen designed to suit your style and needs.
3The finished lower level provides additional living space with a large family room featuring a second updated fireplace, an office and a bathroom.
Modernize to your style and make this home your own! Situated on a beautiful, deep, treed lot in the established Westminster neighbourhood, this two-bedroom brick ranch offers plenty of potential for buyers looking to update a home to suit their needs. The exterior features a generous driveway, covered front porch and an attractive stone retaining wall framing the front garden. Inside, the spacious living room offers a large picture window and an updated fireplace. The adjoining kitchen and dinette area presents an excellent opportunity to open up the space and create a larger kitchen designed to suit your style and needs. The primary bedroom is generously sized with good closet space, while a second bedroom and full bathroom complete the main level. The finished lower level provides additional living space with a large family room featuring a second updated fireplace, an office and a bathroom. Outdoors, the exceptionally deep, treed backyard offers plenty of room for gardening, recreation and outdoor enjoyment, along with a good-sized storage shed. Conveniently located in Westminster, close to Victoria Hospital, White Oaks Mall, shopping, restaurants, schools, parks and trails, with easy access to public transit and Highway 401. An opportunity to create a home that reflects your own personal taste in an established, family-friendly neighbourhood, offering fantastic walkability, everyday conveniences and a deep lot that's increasingly difficult to find.
2 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $571 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 1046 Dearness Dr
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
2 spaces
Basement
Partially Finished
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Partially Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
1046 Dearness Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14153892$399,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1046 Dearness Dr Compares to the London Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,965
/mo
based on the purchase price of $399,900
$79,980 cash
$319,920 financed
$269,457 total interest
Principal54%$319,920
Interest46%$269,457
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on Dearness Drive? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 1046 Dearness Dr with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 1046 Dearness Dr day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in London
Other 2–3 bed homes for sale in London around $400K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,343Homes for sale here right now.
Median vs prior 90 days−0.9%Compared with May 10 – Aug 8, 2026: prices down.
Based on 1,700 sales from Aug 8 – Nov 6, 2026 (1,520 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1046 Dearness Dr
How much is 1046 Dearness Dr listed for?
1046 Dearness Dr is listed at $399,900 (MLS® X14153892). Summitly updates the price as soon as the MLS® record changes.
Is $399,900 a good price for 1046 Dearness Dr?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in London. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1046 Dearness Dr changed?
No — 1046 Dearness Dr is still listed at its original asking price of $399,900.
How many bedrooms and bathrooms does 1046 Dearness Dr have?
1046 Dearness Dr has 2 bedrooms and 2 bathrooms, with about 700–1,100 square feet of living space. It is a detached home in London.
How much would the monthly mortgage be on 1046 Dearness Dr?
About $1,965 a month — principal and interest on $399,900 with 20% down ($79,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1046 Dearness Dr compare with other homes in London?
Its asking price of $399,900 is about 29% below the median sold price in London over the last 90 days, $560,000, across 1,700 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1046 Dearness Dr been sold before?
Summitly has no earlier MLS® sale or lease of 1046 Dearness Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1046 Dearness Dr?
1046 Dearness Dr is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1046 Dearness Dr been on the market?
1 day — 1046 Dearness Dr was listed on November 5, 2026.
What is the price per square foot of 1046 Dearness Dr?
About $364 to $571 per square foot: the asking price of $399,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 1046 Dearness Dr have parking or a garage?
Yes — the listing gives 2 parking spaces.
Does 1046 Dearness Dr have a basement, and is it finished?
The listing describes the basement as: Partially Finished.
