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
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