299&295 King Street N New Tecumseth, Ontario L9R 1N3
$1,849,000
An exceptional infill opportunity in the heart of Alliston, this 0.87-acre parcel with approximately 230 feet of frontage and 165 feet of depth on King Street North offers outstanding potential for developers and investors. Nestled within a well-established residential neighbourhood, the site comes with a concept plan for 24 back-to-back stacked townhomes or a low-rise apartment building, making it ideal for future-ready residential development. The property includes two addresses: 299 King St N features a well-maintained raised brick bungalow with 3 spacious bedrooms, a full bathroom, an attached garage, and a separate finished in-law suite offering 3 additional bedrooms and another full bathroomperfect for rental income or multi-generational living. 295 King St N, offered in as-is condition, includes a bungalow and a 1,500 sq ft block garage with a loft, providing additional storage or redevelopment potential. This prime land can be acquired as one parcel for a larger project or potentially severed into three individual lots, offering multiple development strategies. With possible eligibility under the Town of New Tecumseth's Water Allocation Program prior to 2028, this is a rare chance to secure a property with strong existing use and significant future upside. (id:48303)
Property Details
| MLS® Number | N12062958 |
| 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, Garage Door Opener, Stove, Refrigerator |
| 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 |
https://www.realtor.ca/real-estate/28122994/299295-king-street-n-new-tecumseth-alliston-alliston
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May 06 2025 02:09:14
Toronto Real Estate Board
RE/MAX West Realty Inc.