$3,995,000Asking Price
Tucked away in a peaceful small-town setting, this exceptional 7-acres of designated residential land, located within the charming hamlet of Colgan, offers an unparalleled opportunity for developers or investors. With approved planning applications for five separate estate lots, including one existing residence, this prime piece of land is ready for transformation! The property currently features a home that could serve as a comfortable starting point or be transformed to suit your vision. Located in a friendly community ideally suited for multi-generational living or luxury estate development, the property benefits from its close proximity to major roads and highways, including Highway 9 and 400, and easy access to surrounding areas (Alliston, Tottenham, Caledon). With the potential to develop into multi-million-dollar properties, this is a rare opportunity to create an exclusive, high-end community in a sought-after location. Situated directly across from the New Tribute residential development, this parcel is poised for significant growth as the area continues to expand. Key advantages include: Strategic Location: Within Colgan's town limits, offering proximity to existing and planned residential projects. Development Potential: The land is designated for residential use, making it ideal for housing projects in a highly desirable location. Completed Studies: Multiple studies and reports have already been completed and can be accessed through the document data room upon execution of a Confidentiality Agreement. Property & house sold as is
Tucked away in a peaceful small-town setting, this exceptional 7-acres of designated residential land, located within the charming hamlet of Colgan, offers an unparalleled opportunity for developers or investors. With approved planning applications for five separate estate lots, including one existing residence, this prime piece of land is ready for transformation! The property currently features a home that could serve as a comfortable starting point or be transformed to suit your vision. Located in a friendly community ideally suited for multi-generational living or luxury estate development, the property benefits from its close proximity to major roads and highways, including Highway 9 and 400, and easy access to surrounding areas (Alliston, Tottenham, Caledon). With the potential to develop into multi-million-dollar properties, this is a rare opportunity to create an exclusive, high-end community in a sought-after location. Situated directly across from the New Tribute residential development, this parcel is poised for significant growth as the area continues to expand. Key advantages include: Strategic Location: Within Colgan's town limits, offering proximity to existing and planned residential projects. Development Potential: The land is designated for residential use, making it ideal for housing projects in a highly desirable location. Completed Studies: Multiple studies and reports have already been completed and can be accessed through the document data room upon execution of a Confidentiality Agreement. Property & house sold as is
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 | Kitchen | Ground | 10.99' x 9.51' | Eat-in Kitchen |
2 | Office | Ground | 7.81' x 5.22' | |
1 3-Piece Bathroom on Ground Floor | ||||
1 2-Piece Bathroom on Upper |
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Colgan, Adjala-Tosorontio is a north GTA neighbourhood notable for its singles, business and education, law & public sector professionals and salespeople. Residents tend to be older with a significant number of adults aged 55 to 64 and seniors aged 65 to 74.
Kids Per Family
1.0
kids per family
in the neighbourhood.
37%
of residents are
single and loving it.
37% singles
Adjala-Tosorontio (36%)
9%
of residents
are renters.
9% renters
Adjala-Tosorontio (7%)
19%
of residents are
university grads.
19% university grads
Adjala-Tosorontio (19%)Average Household Income
$130K
is the average household
income in the neighbourhood.
Professions
Sales | 13% |
Trades | 13% |
Business | 12% |
Government | 10% |
Management | 6% |
10%
of residents were
born outside of Canada.
10% immigrants
Adjala-Tosorontio (11%)3.3% from UK
All-time
0.2% from Germany
Recent
Foreign Languages
Italian | 3% |
German | 3% |
Portuguese | 2% |
Polish | 1% |
Tagalog | 1% |
Religions
Christian | 60% |