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$ 1,849,000

299&295 King Street, New Tecumseth, ON L9R 1N3

New Tecumseth, ON, L9R 1N3

MLS® Number : N12062958

6 Beds / 2 Baths / 6 Parking

Lot Front: 232 Feet / Lot Depth: 166 Feet

Description

An exceptional infill opportunity in the heart of Alliston, this 0.87-acre site with 230 feet of frontage on King Street North presents prime potential for developers and investors. A concept plan is available for 24 back-to-back stacked townhomes or a 24-unit apartment building ,ideally located within a well-established residential neighbourhood. The offering includes 299 King St N, a well-maintained brick raisedbungalow featuring 3 spacious bedrooms, a full bathroom, and a separate finished in-law suite with 3 additional bedrooms and another fullbathroom and attached garage. Also included is 295 King St N, offered in as-is condition, featuring a bungalow and a 1,500 sq ft block garage with a loftideal for future use or redevelopment. The entire parcel can be purchased together for a larger project or severed into three lots ,allowing for flexible development strategies. Property may be eligible With the Town of New Tecumseths Water Allocation Program Prior to2028,this is the perfect time to position yourself for a future-ready residential development.

Extras

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Property Type

Detached

Neighbourhood

Alliston

Garage Spaces

6

Property Taxes

$ 7,430.16

Area

Simcoe

Additional Details

Building

Bedrooms

6

Bathrooms

2

Utilities

Water

Municipal

Sewer

Septic

Features

Kitchen

2

Family Room

No

Basement

Apartment, Separate Entrance

Fireplace

No

External Features

External Finish

Brick

Property Features

Cooling And Heating

Cooling Type

Central Air

Heating Type

Forced Air

Bungalows Information

Days On Market

0 Days

Rooms

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