2975 Tokala Trail, London North, ON N6G 3Y2

For Sale 32 days on Market MLS® X12872748
Asking Price
$10,500,000
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Overview
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Now available for sale, 2975 Tokala Trail presents an exceptional 4.3-acre (1.74-hectare) development parcel prominently located at the southwest corner of Tokala Trail and Dyer Drive in the thriving Hyde Park neighbourhood of London, Ontario - one of the city's fastest-growing and most sought-after residential corridors. The property is zoned and draft plan approved for High Density Residential development (R9-7 D150 H45), with a thoughtfully designed concept envisioning two residential tower buildings connected at the second floor. The proposed plan incorporates street-oriented units with mezzanines, creating an engaging pedestrian-friendly streetscape while delivering approximately 320 residential units. Designed to help meet London's growing housing demand, the concept balances urban density with the Forest City's commitment to green space, livability, and thoughtful community integration. Ideally positioned within the Hyde Park commercial node, the site offers exceptional walkability and access to a full range of everyday amenities, including restaurants, cafés, shopping, Sunripe Fresh Market, Walmart, Canadian Tire, clothing retailers, professional services, and more. With immediate proximity to one of London's most dynamic residential and commercial growth areas, 2975 Tokala Trail represents a rare opportunity to secure a fully positioned high-density development site with significant long-term upside in a premier North London location.
Lot Size
4.1 acres
Type
Vacant Land

Property Details

Year BuiltNot Disclosed
CityLondon North
Postal CodeN6G3Y2
Lot Dimensions733.17 × 246.00 ft

Utilities & Services

Heat SourceWell
SewerSeptic Tank

Financial Information

List Price$10,500,000
Annual Taxes$36,378 (2025)
Days on Market32
MLS® X12872748 • Listed by THRIVE REALTY GROUP INC.
2975 Tokala Trail, London North, ON N6G 3Y2
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2975 Tokala Trail, London North, ON N6G 3Y2
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