2975 Tokala Tr

North S, London North, Ontario N6G 3Y2

For Sale · MLS® X12872748 · TRREB MLS®
Vacant Land
Type

Description

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.

01 / Property recordListing details

Key Facts

MLS® #
X12872748
Board
TRREB MLS®
Days on market
Tax
$36,378
Lot
733.17 × 246 Feet

Listing History

Listing activity for 2975 Tokala Tr, London North, Ontario

Date StartDate EndList PricePriceEventListing ID
N/AN/A$10,500,000N/AFor SaleX12872748

Property Details

Property

Property Type
Vacant Land
Style
Other
Community
North S
Municipality
London North

Land

Lot Size
733.17 × 246 Feet
Lot Size Code
Feet

Rooms (12)

Room 1

Level not provided

Room 2

Level not provided

Room 3

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Room 4

Level not provided

Room 5

Level not provided

Room 6

Level not provided

Room 7

Level not provided

Room 8

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Room 9

Level not provided

Room 10

Level not provided

Room 11

Level not provided

Room 12

Level not provided

Location

02 / Plan your numbersTools

Mortgage Tools

Mortgage calculator

20%

Monthly Payment

$48,132

  • Down payment$2,100,000
  • Mortgage amount$8,400,000
  • Total interest$6,039,600
  • Total cost$16,539,600

Cash flow analysis

$48,132

Total monthly payment

$51,163

Break-even down payment

100%

Cash flow-$51,163
03 / Community profileNeighbourhood demographics

Expand Neighbourhood demographics to load Statistics Canada census charts.

$10,500,000

$10,500,000

CAD

Estimate unavailable

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