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299&295 King Street

New Tecumseth, L9R 1N3
6 Beds
2 Bath
1100-1500 sqft

$1,729,000

Est. Payment
$6,604/mo*
*Based on 20% down, 4% interest, 30-year term
Listed by RE/MAX WEST REALTY INC.
DetachedMLS #N12257348New

Room Details

RoomFeaturesLevel
Living Room
5.79 × 3.2 m
LaminateLarge Window
Main
Dining Room
3.87 × 3.2 m
LaminateLarge WindowW/O To Deck
Main
Kitchen
3.05 × 3.65 m
LaminateStainless Steel ApplCombined w/Laundry
Main
Primary Bedroom
4.26 × 3.05 m
LaminateDouble ClosetWindow
Main
Bedroom 2
3.05 × 3.35 m
LaminateClosetWindow
Main
Bedroom 3
2.75 × 3.05 m
LaminateClosetWindow
Main

Client Remarks

SMART CAPITAL FOLLOWS SMART TIMING-THIS IS THAT MOMENT OF OPPORTUITY. UNLOCK A RARE INFILL DEVELOPMENT OPPORTUNITY- FLEXIBLE ZONING & MULTIPLE BUILD OPTIONS! POSITIONED IN THE HEART OF ALLISTON, THIS 0.87- ACRE SITE OFFERS EXCEPTIONAL VERSATILITY, WITH THE COUNTY OPEN TO ZONING TO MULTI-RESIDENTIAL-PAVING THE WAY FOR A RANGE OF HIGH-DEMAND HOUSING TYPES. WHETHER YOU'RE INVISIONG STACKED TOWNHOMES, A LOW-RISE APARTMENT , OR PREFER TO SEVER INTO FIVE 40-FOOT LOTS FOR DETACEHD HOMES OR TOWNHOMES, A LO-RISE APARTMENT, OR PREFER TO SERVER INTO FIVE 40-FOOT LOTS FOR DETACHED HOMES OR TOWNHOMES, THIS PORPERTY PROVIDES THE CANVAS AND FLEXIBILTY TO MATCH YOUR VISION. LOCATED ON HIGH- VISIBILITY KING STREET NORTH, THE SITE BOASTS APPROXIMATLEY 230 FEET OF FRONTAGE AND 165 FEET OF DEPTH., MAKING IT IDEALLY SUITED FOR RESIDENTIAL INTENSIFICATION. THE PROEPRTY IS FURTHER ENHANCED BY ONGOING CONVERSION FORM SEPTIC TO FULL MUNICIPAL SEWER, SIGNIFICANTLY INCREASING DEVELOPMENT VIABILITY AND SERVICING OPTIONS. ADDITINALLY THE SITE MAY QUALIFY UNDER THE OTWN OF NEW TECUMSETH;S WATER ALLOCATION PROGRAM PRIOR TO 2028, PROVIDING DEVELOPERS A STRATEGIC ADVANTAGE TO MOVE FORWARD AHEAD OF FUTURE ALLOCATION .295 KING STREET NORTH FEATURES A BUNGALOW ALONG WITH A BLOCK GARAGE AND LOT 295 IS BEING SOLD "AS-IS." EXISTING IMPORVEMENTS: WITH INFRASTRUCTURE UPGRADES ALREADY IN PROGRESS, SUPPORTIVE MUNICIPAL PLANNING POLICY, AND MULTIPLE EXIT STRATEGIES AVAILALE, THIS OFFERING PRESENTS AN ECEPTIONAL OPPOERTUNITY FOR BUILDERS, DEVELOPERS, OR INVESTORS SEEKING A FEXIBLE AND PROFITABLE INFILL PROJECT IN A RAPIDLY GROWING COMMUNITY. PROPERTY TAXES SHOWN ARE COMBINED FOR BOTH PROPERTIES, AND THE ASSESSMENT VALUE LISTED IS SPECIFIC TO 299 KING ST N ONLY.

About This Property

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

Property Type
Detached
Lot Size
.50-1.99 acres
Style
Bungalow-Raised
Living Area
N/A

Home Overview

Basic Information

Last Updated
Virtual Tour
N/A
Basement
Apartment, Separate Entrance
Building Size
N/A
Status
In-Active
Property Type
Detached
Maintenance Fee
N/A
Year Built
N/A
satellite view
Walk around the neighborhood
299&295 King Street, New Tecumseth, L9R 1N3
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 299&295 King Street

Default Agent

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