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$1,849,000Asking Price

299&295 King Street, New Tecumseth, ON L9R 1N3

Alliston, New Tecumseth

Detached
3 + 3
Bedrooms
2
Baths
6
Parking
Days on Market

An exceptional infill opportunity in the heart of Alliston, this 0.87-acre site with 230 feet of frontage on King Street North presents prime potential for developers and investors. A concept plan is available for 24 back-to-back stacked townhomes or a 24-unit apartment building ,ideally located within a well-established residential neighbourhood. The offering includes 299 King St N, a well-maintained brick raisedbungalow featuring 3 spacious bedrooms, a full bathroom, and a separate finished in-law suite with 3 additional bedrooms and another fullbathroom and attached garage. Also included is 295 King St N, offered in as-is condition, featuring a bungalow and a 1,500 sq ft block garage with a loftideal for future use or redevelopment. The entire parcel can be purchased together for a larger project or severed into three lots ,allowing for flexible development strategies. Property may be eligible With the Town of New Tecumseths Water Allocation Program Prior to2028,this is the perfect time to position yourself for a future-ready residential development.

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An exceptional infill opportunity in the heart of Alliston, this 0.87-acre site with 230 feet of frontage on King Street North presents prime potential for developers and investors. A concept plan is available for 24 back-to-back stacked townhomes or a 24-unit apartment building ,ideally located within a well-established residential neighbourhood. The offering includes 299 King St N, a well-maintained brick raisedbungalow featuring 3 spacious bedrooms, a full bathroom, and a separate finished in-law suite with 3 additional bedrooms and another fullbathroom and attached garage. Also included is 295 King St N, offered in as-is condition, featuring a bungalow and a 1,500 sq ft block garage with a loftideal for future use or redevelopment. The entire parcel can be purchased together for a larger project or severed into three lots ,allowing for flexible development strategies. Property may be eligible With the Town of New Tecumseths Water Allocation Program Prior to2028,this is the perfect time to position yourself for a future-ready residential development.

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Key Info

  • Bungalow Detached
  • 4-Car Driveway
  • 2-Car Attached Garage
  • KING ST.N-VICTORIA ST.E
  • 1100-1500 Approximate Sq Feet
  • 31-50 Years Approximate Age
  • Basement Apartment
  • 2 + 1 Kitchens
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 232 x 166 Feet
  • .50-1.99 Acreage
  • Brick Exterior
  • Taxes were $7,430 in 2024
  • Possession: 60-90 days

Details

  • No Fireplace
  • No Family Room
  • Septic Tank
  • Municipal Water
  •  
  • MLS #N12062958
  • RE/MAX WEST REALTY INC.

Extras

Room Floor Dimensions Details
1 Kitchen Main 10.01' x 11.98' Laminate, Stainless Steel Appliances, Combined with Laundry
Washroom1 3-Piece Bathroom on Main Floor
Washroom1 3-Piece Bathroom
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Schools
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Public Catholic French
Primary
Middle
Secondary
Primary
Middle
Secondary
French Immersion Public
Commute

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Amenities
49
This property has a poor walk score.
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0 Dog Parks
0 Daycares
2 Groceries Marshalls, Alliston Rurban Market
3 Coffee Spots Mpower Vapes, Alliston Cool Moose Creamery, Rebel Crumb Cake Shop
11 Restaurant/Bars Bbq Guys, The Coop Foodiary & Public House, New Seasons Asian Cuisine
6 Park/Rec/Gyms Functional Fitness Canada, Splash Pad, Alliston Rotary
1 Hospital Stevenson Memorial Hospital
0 Libraries
1 Place of Worship The Well Community Chapel
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Who lives here?

Alliston, New Tecumseth is a north GTA neighbourhood notable for its singles, renters, salespeople, tradespeople and manufacturing workers. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 15 to 24 and adults aged 25 to 49.

Families

Kids Per Family

1.2

kids per family
in the neighbourhood.

New Tecumseth  (1.1)

Singles

43% of residents are
single and loving it.

43% singles

New Tecumseth (39%)

Renters

25% of residents
are renters.

25% renters

New Tecumseth (17%)

Education

18% of residents are
university grads.

18% university grads

New Tecumseth (18%)

Income

Average Household Income

$109K

is the average household
income in the neighbourhood.

New Tecumseth  ($117K)

Professions

Professions
Sales 16%
Trades 13%
Business 10%
Manufacturing 9%
Management 6%

Immigrants

12% of residents were
born outside of Canada.

12% immigrants

New Tecumseth (14%)

Birthplace - All

UK was once home to 1.7% of immigrants.
India 1.0%
Caribbean 0.8%
Italy 0.5%
Portugal 0.5%

1.7% from UK
All-time

Birthplace - Recent

Iraq was once home to 0.3% of immigrants.
India 0.2%
UK 0.1%
Syria 0.1%
Vietnam 0.1%

0.3% from Iraq
Recent

Foreign Languages

Foreign Languages
Italian 2%
French 1%
Spanish 1%
Portuguese 1%
Punjabi 1%

Religions

Religions
Christian 68%