Overview

This lot in New Tecumseth is for sale. It has been on the market 1 day, fresher than the New Tecumseth average of 53 days.

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Description

Calling All Contractors! Take advantage of this unique opportunity to own a 1.02-acre property with Rural Highway Commercial zoning permitting a contractor's yard or shop. With excellent exposure along Highway 89 and additional access from Wesson Road, this property offers an ideal location to establish or expand your business. The property includes an existing 2 bedroom, 1 bathroom dwelling, adding further possibilities. Buyers to complete their own due diligence regarding zoning, permitted uses and intended operations. (id:66096)

Market Timing

Days on market

New Tecumseth (Alliston) listings, avg age

53d

List price

$850K

Haho

This vacant land in New Tecumseth (Alliston) has been listed for 1 day, which is 52 days fresher than the city average of 53. Act while there is still low competition.

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Area context

Neighbourhood profile (L0L)

This home lists at $850,000, about 8.0× the local median household income of $106,000.

Carrying it typically needs a household income of about $166,035 (20% down, 25-yr amortization, stress-tested) — roughly 57% above the area median.

Median household income: $106,000
Population: 42,022
Median age: 46.8
Owner / renter: 89% / 11%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L0L)

$850,000

For sale

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Financing

Need a commercial mortgage?

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5657 Highway 89, New Tecumseth (Alliston) - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L0L)

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Need a commercial mortgage?