For saleMLS® X12872748

2975 Tokala Trail, London North, ON N6G 3Y2

North S, London North · Near Hyde Park Rd. · View map

$10,500,000
0Baths
Vacant landType
NoneParking
$36,378/yrTaxes
$10,500,000
FreeholdNo monthly condo fee
Lot 733.2 x 246 ftThe land comes with the home

About this home

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.

The home

Type
Vacant land
Bathrooms
0
Lot size
733.2 x 246 ft
Faces
West

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Garage & parking

Total parking
None

Taxes & other

Property taxes
$36,378/yr
Tax year
2025
Occupancy
Vacant
Possession
Flexible
Cross street
Hyde Park Rd.
Neighbourhood
North S

More

MLS® number
X12872748

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$45,386per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    2975 Tokala Trail, London North, ON N6G 3Y2

    North S, London North · Near Hyde Park Rd.

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    Sold history

    Listing history for 2975 Tokala Trail

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

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    Questions & answers

    Frequently asked questions about 2975 Tokala Trail

    Answers come straight from this home’s MLS® listing.

    How much is 2975 Tokala Trail listed for, and what would it cost each month?

    2975 Tokala Trail is listed for $10,500,000. With 20% down ($2,100,000), the mortgage payment would be roughly $42,354 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $45,386 a month, all in. That figure is an illustration, not a quote.

    Is 2975 Tokala Trail freehold or a condo, and is there a monthly fee?

    2975 Tokala Trail is a vacant land in North S, London North. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 2975 Tokala Trail have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 2975 Tokala Trail?

    2975 Tokala Trail is a vacant land. Vacant land and farms are sold for the land itself; zoning, services and access decide what can be built.

    How big is 2975 Tokala Trail, and what is the lot size?

    The lot is listed as 733.2 x 246 ft.

    What are the property taxes for 2975 Tokala Trail?

    Property taxes are $36,378 a year (2025), or about $3,031 a month.

    Where is 2975 Tokala Trail?

    2975 Tokala Trail is in the North S community of London North. The nearest main intersection is Hyde Park Rd.. The postal code is N6G 3Y2.

    Is 2975 Tokala Trail still for sale?

    Yes. It is an active listing (MLS® X12872748). Listings here update from the board through the day and come down once a home sells.

    What have homes at 2975 Tokala Trail sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 2975 Tokala Trail?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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