Room 1
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2846-2870 Tokala Tr
North S, London North, Ontario N6G 0T9
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.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X12872754
- Board
- TRREB MLS®
- Days on market
- Tax
- $11,450
- Lot
- 252.63 × 473.5 Feet
Listing History
Listing activity for 2846-2870 Tokala Tr, London North, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $4,250,000 | N/A | Sc | X12872754 |
Property Details
Property
- Property Type
- Vacant Land
- Style
- Other
- Community
- North S
- Municipality
- London North
Land
- Lot Size
- 252.63 × 473.5 Feet
- Lot Size Code
- Feet
Rooms (12)
Room 2
Level not provided
Room 3
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Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
11 records read 5 on record nearby 6 checked, none on recordRead 2026-10-28
Water and conservation
- No mapped wetland within 120 m
- 1 water-supply well recorded within 250 m10 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 6.1 m.
- Groundwater recorded about 4.3 m below ground nearbyThe middle water level in the well records within 500 m (38 records). It changes with the season and from spot to spot.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by London Hydro Inc.
- Wired internet 50/10 Mbps or faster is listed at a household 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Execulink, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, TekSavvy, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$19,482
- Down payment$850,000
- Mortgage amount$3,400,000
- Total interest$2,444,600
- Total cost$6,694,600
Cash flow analysis
$19,482
Total monthly payment
$20,436
Break-even down payment
100%
Cash flow-$20,436
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
$4,250,000
$4,250,000
CAD
Estimate unavailable
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