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$1,849,000
Available - For Sale
Listing ID: N12062958
299&295 King Stre North , New Tecumseth, L9R 1N3, Simcoe
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.
Price $1,849,000
Taxes: $7,430.16
Assessment Year: 2025
Occupancy by: Owner+T
Address: 299&295 King Stre North , New Tecumseth, L9R 1N3, Simcoe
Acreage: .50-1.99
Directions/Cross Streets: KING ST.N-VICTORIA ST.E
Rooms: 8
Rooms +: 3
Bedrooms: 3
Bedrooms +: 3
Washrooms: 2
Family Room: F
Basement: Apartment
Separate Ent
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 18.99 10.50 Laminate, Large Window
Room 2: Main Dining Ro 12.69 10.50 Laminate, Large Window, W/O To Deck
Room 3: Main Kitchen 10.00 11.97 Laminate, Stainless Steel Appl, Combined w/Laundry
Room 4: Main Primary B 13.97 10.00 Laminate, Double Closet, Window
Room 5: Main Bedroom 2 10.00 10.99 Laminate, Closet, Window
Room 6: Main Bedroom 3 9.02 10.00 Laminate, Closet, Window
Room 7: Basement Kitchen 10.99 8.50 Laminate
Room 8: Basement Family Ro 30.01 12.99 Laminate
Room 9: Basement Bedroom 4 14.99 12.99 Laminate
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  3 Basement
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  3 Main
Washroom 7:  3 Basement
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Property Type: Detached
Style: Bungalow-Raised
Exterior: Brick
Garage Type: Attached
Drive Parking Spaces: 4
Pool: None
Approximatly Age: 31-50
Approximatly Square Footage: 1100-1500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Septic
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Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX WEST REALTY INC.

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