ON > New Tecumseth > Alliston
New Tecumseth, ON L9R 1N3,299&295 King ST N
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New Tecumseth, ON L9R 1N3,299&295 King ST N
New Tecumseth, ON L9R 1N3,299&295 King ST N
New Tecumseth, ON L9R 1N3,299&295 King ST N
New Tecumseth, ON L9R 1N3,299&295 King ST N
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Mahesh Khatri

Mahesh Khatri

+1(416) 464-6568
$ 1,849,000
Est. payment /mo
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Active

299&295 King ST N New Tecumseth, ON L9R 1N3

6 Beds

2 Baths

0.5 Acres Lot

UPDATED:

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

Listed by RE/MAX WEST REALTY INC.
agent

Mahesh Khatri

Broker Associate

+1(416) 464-6568

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299&295 King ST N

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