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$10,500,000

Vacant Land

2975 Tokala Trail, London North, ON N6G 3Y2North S

Listing Overview

MLS ID:X12872748
Status:New
Type:Residential Freehold / Vacant Land
Taxes:$36,377.94 / yr (2025)
Days on Market:27
Listed:2026-03-11
Last Updated:Mar 13, 2026
Cross Street:Hyde Park Rd.
Data Source:PROPTX

Interior

Bathrooms:0

Utilities

Outdoor / Lot

Lot Size:733.17ft × 246ft
Lot (acres):2-4.99
Direction Faces:West

Parking

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.

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