299&295 King Street N New Tecumseth, Ontario L9R 1N3
$1,749,000
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. (id:61445)
Property Details
| MLS® Number | N12175173 |
| Property Type | Single Family |
| Community Name | Alliston |
| Features | Irregular Lot Size, Carpet Free, Sump Pump, In-law Suite |
| ParkingSpaceTotal | 6 |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 3 |
| BedroomsBelowGround | 3 |
| BedroomsTotal | 6 |
| Age | 31 To 50 Years |
| Appliances | Garage Door Opener Remote(s), Water Heater, Dishwasher, Dryer, Two Stoves, Two Washers, Two Refrigerators |
| ArchitecturalStyle | Raised Bungalow |
| BasementFeatures | Apartment In Basement, Separate Entrance |
| BasementType | N/a |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| FlooringType | Laminate |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 1 |
| SizeInterior | 1100 - 1500 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| Sewer | Septic System |
| SizeDepth | 166 Ft |
| SizeFrontage | 232 Ft |
| SizeIrregular | 232 X 166 Ft |
| SizeTotalText | 232 X 166 Ft|1/2 - 1.99 Acres |
| ZoningDescription | Residential |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Kitchen | 3.35 m | 2.59 m | 3.35 m x 2.59 m |
| Basement | Family Room | 9.15 m | 3.96 m | 9.15 m x 3.96 m |
| Basement | Bedroom 4 | 4.57 m | 3.96 m | 4.57 m x 3.96 m |
| Main Level | Living Room | 5.79 m | 3.2 m | 5.79 m x 3.2 m |
| Main Level | Dining Room | 3.87 m | 3.2 m | 3.87 m x 3.2 m |
| Main Level | Kitchen | 3.05 m | 3.65 m | 3.05 m x 3.65 m |
| Main Level | Primary Bedroom | 4.26 m | 3.05 m | 4.26 m x 3.05 m |
| Main Level | Bedroom 2 | 3.05 m | 3.35 m | 3.05 m x 3.35 m |
| Main Level | Bedroom 3 | 2.75 m | 3.05 m | 2.75 m x 3.05 m |
Utilities
| Cable | Installed |
| Electricity | Installed |
https://www.realtor.ca/real-estate/28371175/299295-king-street-n-new-tecumseth-alliston-alliston
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Suleiman Aslam
Salesperson
96 Rexdale Blvd.
Toronto, Ontario M9W 1N7
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May 29 2025 09:23:12
RE/MAX West Realty Inc.