47 WALNUT STREET, New Tecumseth (Alliston)

$1,450,000

For sale: Detached

Detached at 47 WALNUT STREET, New Tecumseth (Alliston)
Property type
Detached
Bedrooms / bathrooms
5 bedrooms, 1 bathroom
Living area
1,500 sqft
MLS®
MLS® N13240534
Neighbourhood
Alliston

Exceptional development opportunity in the heart of Alliston! This rare property offers incredible potential for builders, investors, and developers alike. Preliminary planning work suggests exciting redevelopment possibilities with future residential development potential. Situated on a quiet established street in a rapidly growing community, the property is ideally located close to schools, parks, shopping, restaurants, and major commuter routes. Whether you're looking to explore infill opportunities, build new homes, or secure a valuable land holding in one of Simcoe County's fastest-growing areas, this property presents exceptional upside.Existing home on property being sold in "as-is, where-is" condition. Buyer to complete their own due diligence with the Town of New Tecumseth regarding future use, severance, zoning, servicing, and development potential. A rare opportunity to secure a prime redevelopment property in a thriving market.

Sold data

Detached homes in New Tecumseth (Alliston) — recent sold market

Detached homes in New Tecumseth (Alliston) took a median of 37 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 69, across 123 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.

The median sale price was $819,000.

Homes sold for about 3.1% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 28% of sellers reduced their price before finding a buyer.

Median days to sell
37
Median sale price
$819,000
Sale-to-list ratio
96.9%
Sold above asking
8%

Based on 123 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 47 WALNUT STREET