299&295 King ST N new Save Request In-Person Tour Request Virtual Tour
New Tecumseth,ON L9R 1N3
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 N12062958
Style Bungalow-Raised
Bedrooms 3
Building Age 31-50
Annual Tax Amount $7,430
Tax Year 2024
Lot Size 0.500 Acres
Property Sub-Type Detached
Property 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.
Location
Province ON
County Simcoe
Community Alliston
Area Simcoe
Rooms
Family Room No
Basement Apartment,Separate Entrance
Kitchen 2
Separate Den/Office 3
Interior
Interior Features Auto Garage Door Remote,Carpet Free,In-Law Suite,Sump Pump,Water Heater Owned,Workbench
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 232.0
Lot Depth 166.0
Total Parking Spaces 6
Building
Foundation Concrete