2975 Tokala Trail, London North (North S) - Vacant Land for Sale
2975 Tokala Trail, London North (North S), Ontario, N6G3Y2
0 baths733 × 246 ft (4.14 acres) lotListed 238 days ago
$10,500,000
London North
2975 Tokala Trail, London North (North S), Ontario, N6G3Y2
$10,500,000
London North
This lot in London North is for sale.
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. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 238 days on market, against an average age of 93 days across the listings currently for sale in this city
This vacant land in London North (North S) is available now. Want me to connect you with the agent or keep you posted on any price updates?
This home lists at $10,500,000, about 109.4× the local median household income of $96,000.
Carrying it typically needs a household income of about $2,051,018 (20% down, 25-yr amortization, stress-tested) — roughly 2036% above the area median.
Source: Statistics Canada, 2021 Census (FSA N6G)
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