$1,729,000
Available - For Sale
Listing ID: N12257348
299&295 King Stre North , New Tecumseth, L9R 1N3, Simcoe


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.
Price $1,729,000
Taxes: $38600.00
Occupancy: 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
Family Room: F
Basement: Apartment, Separate Ent
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living Ro 18.99 10.5 Laminate, Large Window
Room 2 Main Dining Ro 12.69 10.5 Laminate, Large Window, W/O To Deck
Room 3 Main Kitchen 10 11.97 Laminate, Stainless Steel Appl, Combined w/Laundry
Room 4 Main Primary B 13.97 10 Laminate, Double Closet, Window
Room 5 Main Bedroom 2 10 10.99 Laminate, Closet, Window
Room 6 Main Bedroom 3 9.02 10 Laminate, Closet, Window
Room 7 Basement Kitchen 10.99 8.5 Laminate
Room 8 Basement Family Ro 30.01 12.99 Laminate
Room 9 Basement Bedroom 4 14.99 12.99 Laminate
Washroom Type No. of Pieces Level
Washroom Type 1 3 Main
Washroom Type 2 3 Basement
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 31-50
Property Type: Detached
Style: Bungalow-Raised
Exterior: Brick
Garage Type: Attached
(Parking/)Drive: Available
Drive Parking Spaces: 4
Park #1
Parking Type: Available
Park #2
Parking Type: Available
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
Utilities-Cable: Y
Utilities-Hydro: Y
Utilities-Sewers: N
Utilities-Gas: Y
Utilities-Municipal Water: Y
Utilities-Telephone: Y
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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.

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This calculator 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.
Personal Picture
Edward Matar
Sales Representative
Dir:
416-917-6343
Bus:
416-745-2300
Fax:
416-745-1952
 
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At a Glance:
Type: Freehold - Detached
Area: Simcoe
Municipality: New Tecumseth
Neighbourhood: Alliston
Style: Bungalow-Raised
Lot Size: x 166.00(Feet)
Approximate Age: 31-50
Tax: $38,600
Maintenance Fee: $0
Beds: 3+3
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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