2975 Tokala Trail
London North, ON
- Vacant Land
- 184 days on market
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.
Listing Details
- Taxes (2025)
- $36,378
- Listed
- March 11, 2026
Price History
Property
- Lot Size
- 733.17 x 246 Feet
Location & Legal
- Cross Street
- Hyde Park Rd.
- Zoning
- h-100 h-123 R9-7 D150 H45
- Parcel Number
- 081381796
- Possession
- Flexible
- Occupancy
- Vacant
Schools
Secondary
- St. Andre Bessette Secondary School0.6 km
Catholic · London District Catholic School Board · 1465 students
Grade 10 literacy: 90% met the provincial standard
- Sir Frederick Banting Secondary School2.9 km
Public · Thames Valley DSB · 1590 students
Grade 10 literacy: 78% met the provincial standard
- Oakridge Secondary School4.6 km
Public · Thames Valley DSB · 1045 students
Grade 10 literacy: 90% met the provincial standard
Elementary
- St. Gabriel Catholic Elementary School Catholic Elementary School0.6 km
Catholic · London District Catholic School Board · 480 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 56% met the provincial standard
- Northwest Public School0.9 km
Public · Thames Valley DSB
- Sir Arthur Currie Public School1.4 km
Public · Thames Valley DSB · 815 students
Grade 3 reading: 85% met the provincial standard · Grade 6 math: 78% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N6G
- Population
- 50,940
- Private dwellings
- 20,315
- Median age
- 36.4
- Average household size
- 2.7
- Median household income
- $96,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in London North · last 12 months
- Median sold price
- $651,000
- Homes sold
- 1,377
- Median days on market
- 27
- Sale-to-list price
- 97.4%
Based on 1,377 recorded sales of residential freehold properties in London North over the last 12 months.
Listed by
THRIVE REALTY GROUP INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$2,100,000
Estimated Monthly Payment
$51,583
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $51,583/mo (20% down, 5.5%)
Taxes: $3,031/mo · Insurance: $2,625/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?