Overview

This lot in New Tecumseth is for sale. It has been on the market 2 days, fresher than the New Tecumseth average of 53 days.

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Description

Rare 6.62-acre Major Commercial (MC-13) site in Alliston, Town of New Tecumseth, with Zoning By-law Amendment passed (By-law 2024-109) permitting high-rise residential. Concept: two residential towers totalling 524 units plus 5 retail units (18,406 sf), with site plan application (D11-AL-179) well advanced. Wastewater, gas and hydro are available, and the Town has confirmed development charge eligibility for key external works. Water allocation follows the Collingwood plant (Q1 2030 earliest), and an interim water program is available, a good fit for a 2027 start with 2030 occupancy. Located near Hwy 89 at the heart of Alliston's employment growth, including Honda. Ideal for a rental, condo or seniors-focused developer or REIT. Fully detailed package available to qualified buyers. (id:66096)

Property Details

MLS®: N14145512
Property Type: Vacant Land
Business Type: Residential
Zoning: Major Commercial - Exception (MC-13)(H)
Lot Size: 6.62 acres
Frontage: 1,504 ft
Price per Acre: $1,509,064 per acre
Property Tax: $7,017.48/yr
Listed: 2 days ago

Market Timing

Days on market

New Tecumseth (Alliston) listings, avg age

53d

List price

$9.99M

Haho

This vacant land in New Tecumseth (Alliston) has been listed for 2 days, which is 51 days fresher than the city average of 53. Act while there is still low competition.

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Area context

Neighbourhood profile (L9R)

This home lists at $9,990,000, about 100.9× the local median household income of $99,000.

Carrying it typically needs a household income of about $1,951,397 (20% down, 25-yr amortization, stress-tested) — roughly 1871% above the area median.

Median household income: $99,000
Population: 25,949
Median age: 40.8
Owner / renter: 80% / 20%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L9R)

$9,990,000

For sale

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Financing

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6100 Mackenzie Pioneer Road, New Tecumseth (Alliston) - Vacant Land for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L9R)

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