299&295 KING STREET N, New Tecumseth, Ontario
$1,849,000
- 6 Beds
- 2 Baths
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:23309)
- Listing ID: N12062958
- Property Type: Single Family
Schedule a Tour
Schedule Private Tour
Jaber Zreik would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Jaber Zreik, who specializes in New Tecumseth real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Jaber Zreik find a property to match your lifestyle.
Listing provided by RE/MAX WEST REALTY INC.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 299&295 KING STREET N in Alliston Ontario. It was last modified on April 4th, 2025. Contact Jaber Zreik to schedule a viewing or to discover other Alliston properties for sale.