ON > New Tecumseth > Alliston
New Tecumseth, ON L9R 1N3,299&295 King ST N
New Tecumseth, ON L9R 1N3,299&295 King ST N
New Tecumseth, ON L9R 1N3,299&295 King ST N
New Tecumseth, ON L9R 1N3,299&295 King ST N
New Tecumseth, ON L9R 1N3,299&295 King ST N
New Tecumseth, ON L9R 1N3,299&295 King ST N
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Mila Sheina

Mila Sheina

+1(416) 830-4822
$ 1,749,000
Est. payment | /mo

6 Beds

2 Baths

0.5 Acres Lot

Save
$ 1,749,000
Est. payment | /mo
Save

6 Beds

2 Baths

0.5 Acres Lot

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision Alliston

MLS Listing ID N12175173

Style Bungalow-Raised

Bedrooms 6

Building Age 31-50

Annual Tax Amount $6,978

Tax Year 2025

Lot Size 0.500 Acres

Property Sub-Type Detached

Property Description

Development opportunity exceptional 0.87-acre infield-295 and 299 King Street North Allison. An outstanding opportunity in the heart of Alliston this 0.87 acre parcel offers approximately $230 ft of Frontage and 165 ft of death on the King Street north. With the county open to rezoning the site to the multi residential the property is ideal for a range of residential projects a concept plan is available for 24 back-to-back stand homes or low-rise apartment building with the additional option to sever the land into 45 individual Lots. Municipal sewer connection is already underway and the seller is willing to complete the process this dual address property includes $299 King Street North and a well maintained raised brake Bungalow with three bedrooms one bathroom and attached garage plus a fully finished in-law suite with three additional bedrooms and a second full bath- perfect for a rental income or multi-generational living. 295 King Street North is offered as an condition and includes a bungalow with 1500 ft block garage and a loft ideal for storage what Workshop use or for the Redevelopment. Key highlights all development applications have been submitted and approved by the seller, significantly reducing development timelines. The property may qualify under the town of new Tecumseh Water application program prior to 2028 offering a strategic advantage to developers with multi with multiple exit strategies available - develop the full site, subdivide and cell individually, or retain one structure for income while building on the remainder - this is a truly flexible investment. Properties may be purchased together individually. Property tax shown or combined for this both properties and assessment value listed as specific to not 299 King Street North only.

Location

Province ON

County Simcoe

Community Alliston

Area Simcoe

Zoning RESIDENTIAL

Rooms

Basement Apartment, Separate Entrance

Kitchen 2

Interior

Interior Features Auto Garage Door Remote, Carpet Free, In-Law Suite, Sump Pump, Water Heater Owned, Workbench

Cooling Central Air

Inclusions 2 Fridge, 2 Stove, 2 Dishwasher, 2 Washer, Dryer, Garage Opener. Shed, Workshop

Exterior

Parking Features Attached

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 6

Building

Foundation Concrete

Others

ParcelsYN No

Lited by RE/MAX WEST REALTY INC.

GET MORE INFORMATION

agent
Mila Sheina

Broker | License ID: 9582164

+1(416) 830-4822 | mila@milasheina.ca

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299&295 King ST N