London, ON · · MLS® X12872748Updated
$10,500,000Est. $51,583/mo mortgage
2975 Tokala Trl is a land in London, listed for $10,500,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
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.
London land priced at $10,500,000 — book a tour to see if it fits your search.
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Lot & land
Listing & possession
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
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Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
Full London market reportSold prices are shown free to signed-in members, as board rules require.
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6 nearby sales vs. this home
Closed sales from MLS®, compared with this home's asking price.
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| Home | Sold price | $ / sqft | % of asking | Sold |
|---|---|---|---|---|
This home2975 Tokala Trail 0 bd · 0 ba | $10,500,000asking | — | — | — |
| 17 Arcadia Crescent 0 bd · 0 ba | ||||
| 2008 Wickerson Road 0 bd · 0 ba | ||||
| 2014 Wickerson Road 0 bd · 0 ba | ||||
| 430-432 GREY Street 0 bd · 0 ba | ||||
| 8473 Longwoods Road 0 bd · 0 ba | ||||
| 187 Wharncliffe Road 0 bd · 0 ba · 700 sqft |
0 bd · 0 ba
0 bd · 0 ba
0 bd · 0 ba
0 bd · 0 ba
0 bd · 0 ba
0 bd · 0 ba · 700 sqft
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Listing brokerage: THRIVE REALTY GROUP INC., BrokerageMLS® X12872748 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Homes for sale in London
Every active London MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 1,706 sales from Aug 14 – Nov 12, 2026 (1,530 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
2975 Tokala Trl is listed at $10,500,000 (MLS® X12872748). Summitly updates the price as soon as the MLS® record changes.
No — 2975 Tokala Trl is still listed at its original asking price of $10,500,000.
The listing for 2975 Tokala Trl doesn't publish its bedroom and bathroom count. It is a lot in London.
About $51,583 a month — principal and interest on $10,500,000 with 20% down ($2,100,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
Its asking price of $10,500,000 is about 1790% above the median sold price in London over the last 90 days, $555,500, across 1,706 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 2975 Tokala Trl on record from the last two years. Older records aren't shown under TRREB rules.
2975 Tokala Trl is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
246 days — 2975 Tokala Trl was listed on March 11, 2026.
The lot is 3.495 acres, as published in the listing.
About $248,975 in Ontario land transfer tax at the asking price of $10,500,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
The listing for 2975 Tokala Trl doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for London.
