2846-2870 Tokala Trail
London North, ON
- Vacant Land
- 173 days on market
2846-2870 Tokala Trail, London, Ontario - a prime land assembly in one of North London's fastest-growing and most desirable communities. Together, these two residentially zoned parcels comprise approximately 2.96 acres. A preliminary development concept for the property contemplates approximately 80 stacked townhouse units across four buildings, presenting a compelling opportunity for builders and developers to capitalize on strong demand for attainable housing in this thriving corridor. Purchasers may benefit from advancing the existing concept plan or exploring opportunities to refine the product mix, enhance density, or pursue alternative development strategies, subject to municipal approvals. Ideally positioned in the heart of North London, the site is surrounded by established neighbourhoods and exceptional amenities. Future residents will enjoy convenient walking access to everyday essentials including restaurants, cafés, and shopping, as well as Sunripe Freshmarket, Walmart, Canadian Tire, and numerous retail and service destinations. The area is also supported by excellent schools, parks, and major transportation routes, making it a highly attractive location for residential development. Opportunities to acquire nearly three acres of development land in this sought-after North London growth area are increasingly rare, making this an outstanding opportunity to secure a site with strong fundamentals, proven demand, and significant future upside.
Listing Details
- Taxes (2025)
- $11,450
- Listed
- March 11, 2026
Price History
Property
- Lot Size
- 252.63 x 473.5 Feet
Location & Legal
- Cross Street
- Dalmagarry Rd.
- Zoning
- UR3, R5(R5-7)
- Parcel Number
- 081383113
- Possession
- Flexible
- Occupancy
- Vacant
Schools
Secondary
- St. Andre Bessette Secondary School0.4 km
Catholic · London District Catholic School Board · 1465 students
Grade 10 literacy: 90% met the provincial standard
- Sir Frederick Banting Secondary School2.7 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 School0.7 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 School1.2 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
- $650,250
- Homes sold
- 1,359
- Median days on market
- 27
- Sale-to-list price
- 97.3%
Based on 1,359 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
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Mortgage Calculator
$850,000
Estimated Monthly Payment
$20,879
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: $20,879/mo (20% down, 5.5%)
Taxes: $954/mo · Insurance: $1,063/mo
Estimates only. Consult a financial advisor.
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