299&295 King ST N Active 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 6
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 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.
Location
Province ON
County Simcoe
Community Alliston
Area Simcoe
Rooms
Family Room No
Kitchen 2
Interior
Cooling Central Air
Exterior
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Building
Foundation Concrete