2846-2870 Tokala Trail,London North (North S), ON N6G0T9
London North (North S), ON N6G0T9
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. (id:374)
Details
| MLS # | X12872754 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 235 |
| Listing Provided By | THRIVE REALTY GROUP INC. | KEVIN MILLER |
Features
| Zoning | UR3, R5(R5-7) |
|---|
Interior
| Fireplace Yes / No | No |
|---|
Utilities
| Utilities | Sewer, Electricity, Cable |
|---|
Taxes
| Tax Annual Amount | 11450 |
|---|
Area Information
| Province | ON |
|---|---|
| City | London North (North S) |
| Postal Code | N6G0T9 |
| Listing VS Median (in N6G0T9) | |
Price: $4,250,000 low | high Med: $564,950 On site: 235 low | high Med: 59 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | London North (North S) |
| Postal Code | N6G0T9 |
| Listing VS Median (in N6G0T9) | |
Price: $4,250,000 low | high Med: $564,950 On site: 235 low | high Med: 59 | |