$10,500,000
Est. payment $46,492/moCalculate yours
2975 Tokala Trail, London North, ON N6G 3Y2
North, London, ON N6G 3Y2
Listing courtesy of THRIVE REALTY GROUP INC. MLS® X12872748
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.
Property details
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- New
Lot & Parking
- Lot Size
- 733.17 x 246 Feet
- Zoning
- h-100 h-123 R9-7 D150 H45
Financial
- Property Taxes
- $36,378 (2025)
Location
- Neighbourhood
- North
- Cross Street
- Hyde Park Rd.
- Direction Faces
- West
Listing
- MLS® Number
- X12872748
- Days on Market
- 221
- Listed On
- 2026-03-11
- Possession
- Flexible
- Listed By
- THRIVE REALTY GROUP INC.
Mortgage calculator
Estimated mortgage payment
$46,492 per month
- Principal and interest
- $46,492
- Property tax
- $3,031
- Condo fees
- $0
- Estimated monthly cost
- $49,523
Your mortgage
- Mortgage amount
- $8,400,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $5,547,518
Cash to close
- Down payment
- $2,100,000
- Land transfer tax
- $248,975
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $2,348,975
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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