For saleMLS® X12872748
2975 Tokala Trail
London, N6G 3Y2
$10,500,000
- Lot
- 4.14 acres
- Type
- Land
About this home
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
- Property type
- Vacant Land
- Ownership
- Freehold
- Property taxes
- $36,378 (2025)
- Lot
- 4.14 acres
- Time on market
- 236 days on market
Location
Thinking about the area? Read my guide to London.
Estimate your payment
20% down. The minimum on this price is $2,100,000.
Your monthly payment
$46,492
- Mortgage amount
- $8,400,000
- Interest over the amortization
- $5,547,518
An estimate at a fixed rate compounded twice a year, with default insurance under 20% down. Your lender sets the real numbers, and I am happy to put you in touch with a mortgage professional.








