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.
Address
2975 Tokala Trail
List Price
$10,500,000
MLS® Status
New
Expiration Date
2027-03-31
Property Type
Residential Freehold
Type of Dwelling
Vacant Land
Transaction Type
Sale
Area
London North
Sub-Area
North S
Region
Middlesex
Lot Size Source
MPAC
Lot Depth
246
Lot Shape
Irregular
Lot Size Range (Acres)
2 - 4.99
Lot Size Units
Feet
Lot Width
733.17
Parcel Number
081381796
Occupant Type
Vacant
Cross Street
Hyde Park Rd.
MLS® Number
X12872748
Listing Brokerage
THRIVE REALTY GROUP INC.
Postal Code
N6G 3Y2
Posession Details
Flexible
Tax Amount
$36,377.94
Tax Year
2025
Cable
Available
Central Vacuum
No
Hydro
Available
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
London and St. Thomas Association of REALTORS
Direction Faces
West
Tax Legal Description
BLOCK 98, PLAN 33M685 CITY OF LONDON
Waterfront
No
Waterfront
None
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