$ 4,250,000

2846-2870 Tokala Trail, London North

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. (id:1945)
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Property details for 2846-2870 Tokala Trail, London North

Type
Lots and Land
Lot Size
252.63 x 473.5 FT
Annual Taxes
$11,450

Nearby Listings Stat

Estimated price and comparable properties near 2846-2870 Tokala Trail

Active Listings
210
Min Price
$149,900
Max Price
$4,250,000
Avg Price
$838,244
Days on Market
72
days
Sold Listings
77
Min Sold Price
$99,900
Max Sold Price
$1,898,000
Avg Sold Price
$758,615
Days until Sold
56
days

Neighbourhood Census Data

London, Ontario

Population
7,467
Median Age
33.8
Median Income
$45,973
Dwelling Value
$375,226

Housing Tenure

Owners 94%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 3.1
Pop. Density: 264.9/km²
Avg Shelter Cost: $1,762/mo
Owners with Mortgage: 82.4%
Owners Spending 30%+: 18.1%
Tenants Spending 30%+: 38.5%
English only: 90.2%
French only: 0.1%
English and French: 8%
Neither: 1.8%
Median Household Income: $106,795
Median Employment Income: $45,312

Price History

Listed
March 11, 2026
by THRIVE REALTY GROUP INC.
Current Price
$4,250,000
Type
Lots and Land
For Sale
2846-2870 Tokala Trail

Contact Agent Get in touch about 2846-2870 Tokala Trail, London North

KEVIN MILLER
KEVIN MILLER
THRIVE REALTY GROUP INC.

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Comparison of 2846-2870 Tokala Trail, London North, ON with Nearby Vacant Land