2846-2870 Tokala Trail, London, ON N6G 0T9

$4,250,000

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List Price
$4,250,000
MLS#
X12872754
Status
ACTIVE
Type
Land
SubType
Vacant Land
Province
ON
Municipality
London
Area
Middlesex
Neighborhood
North
Subdivision
Dalmagarry Rd.

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.

Additional Information

Taxes
$11,450
Waterfront Type
None

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Listing courtesy of THRIVE REALTY GROUP INC..