299&295 King Street N New Tecumseth, Ontario L9R 1N3

6 Bedroom 2 Bathroom 1,100 - 1,500 ft2
Raised Bungalow Central Air Conditioning Forced Air

$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:61594)

Property Details

MLS® Number N12062958
Property Type Single Family
Community Name Alliston
Features Irregular Lot Size, Carpet Free, Sump Pump, In-law Suite
Parking Space Total 6

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Below Ground 3
Bedrooms Total 6
Age 31 To 50 Years
Appliances Garage Door Opener Remote(s), Water Heater, Dishwasher, Dryer, Garage Door Opener, Stove, Refrigerator
Architectural Style Raised Bungalow
Basement Features Apartment In Basement, Separate Entrance
Basement Type N/a
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick
Flooring Type Laminate
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 1,100 - 1,500 Ft2
Type House
Utility Water Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
Sewer Septic System
Size Depth 166 Ft
Size Frontage 232 Ft
Size Irregular 232 X 166 Ft
Size Total Text 232 X 166 Ft|1/2 - 1.99 Acres
Zoning Description Residential

Rooms

Level Type Dimensions
Basement Kitchen 3.35 m x 2.59 m
Basement Family Room 9.15 m x 3.96 m
Basement Bedroom 4 4.57 m x 3.96 m
Main Level Living Room 5.79 m x 3.2 m
Main Level Dining Room 3.87 m x 3.2 m
Main Level Kitchen 3.05 m x 3.65 m
Main Level Primary Bedroom 4.26 m x 3.05 m
Main Level Bedroom 2 3.05 m x 3.35 m
Main Level Bedroom 3 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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