Vacant LandActive

2846-2870 Tokala Trail

2846-2870 Tokala Trail, London North, ON N6G 0T9·MLS® X12872754

$4,250,000

Annual taxes: $11,450 (2025)

Bedrooms

Bathrooms

Sqft

Year Built

Property Overview

Property Overview

MLS®

X12872754

Status

Active

Property Type

Residential Freehold

Property Sub-Type

Vacant Land

List Price

$4,250,000

Taxes

$11,450 (2025)

Lot Size

2.96 Feet

City

London North

Postal Code

N6G 0T9

Property Description

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.

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Estimated Monthly

$20,859

Estimate only. Excludes property tax, insurance, condo fees, and CMHC premium. Speak to a mortgage professional for an exact figure.

Listing Brokerage

THRIVE REALTY GROUP INC.

Data via TRREB / AMPRE IDX

The information provided herein is believed to be accurate but is not warranted and is intended only for consumers who have a bona fide interest in the purchase, sale, or lease of real estate.

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