6179 89 Highway New Tecumseth, Ontario L9R 1V2

$1

Rare 6.62-acre high-rise development opportunity in Alliston. Zoned for high-rise residential with an advanced Site Plan Approval (SPA) application currently under municipal review. Proposed development includes two 12-storey mixed-use towers with 524 residential condominium units, 5 retail units, and approximately 511,600 sq. ft. GFA. Prime Highway 89 location adjacent to SmartCentres (Walmart) and minutes from Honda Canada, Stevenson Memorial Hospital, schools, and parks. The project has successfully met the initial eligibility requirements under the Build Canada Homes (BCH) program and is currently in the Proposal Evaluation Phase. Vendor will consider VTB financing or a Joint Venture with qualified purchasers. (id:55460)

Property Details

MLS® Number	N12857004
Property Type	Vacant Land
Community Name	Rural New Tecumseth
Features	Irregular Lot Size, Flat Site
View Type	River View, Valley View

Building

Land

Acreage	Yes
Size Depth	862 Ft ,3 In
Size Frontage	1504 Ft ,3 In
Size Irregular	1504.3 X 862.3 Ft
Size Total Text	1504.3 X 862.3 Ft|5 - 9.99 Acres
Zoning Description	Major Commercial - Exception (mc-13)(h)

Utilities

Cable	Available
Electricity	Available
Sewer	Available

https://www.realtor.ca/real-estate/29441017/6179-89-highway-new-tecumseth-rural-new-tecumseth