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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.
2Fridge,2Stove,2Dishwasher,2Washer,Dryer.Garage Door Opener.Shed,Workshop.
City: New Tecumseth
Neighborhood: Alliston
Purchase Price | $1849000 |
Down Payment | $369800 |
Mortgage Insurance | $0 |
Total Mortgage | $1479200 |
Mortgage Payment | $9115 |
Property Taxes | $619 |
Maintenance Fees | $0 |
Monthly Payment | $9734 |
Sold Comparables homes near 299&295 King St N, New Tecumseth
Located at 299&295 King St N , this New Tecumseth house is available for sale. This property was listed for $1,849,000 on Sat Apr 05 2025. This house's size is 1100-1500 Sqft. It has 3 bedrooms and 2 bathrooms. The property includes the following rooms: Living, Dining, Kitchen, Primary, 2nd Br, 3rd Br, Kitchen, Family, 4th Br. This property comes with 6 parking spots. 299&295 King St N, New Tecumseth is situated in the Alliston neighbourhood.
MLS#: N12062958 · $1,849,000 · 3 bedroom house in Alliston, New Tecumseth