$9,990,000
For sale: Vacant Land

Rare 23.37-acre development assemblage in Alliston (Town of New Tecumseth) with ZBA By-law 2024-109 already in place, rezoning the site to Major Commercial - Exception MC-13, permitting high-rise residential for a proposed 524-unit, two-tower development plus 5 retail units totalling 18,406.29 sq ft. Site comprises 6.62 ac Major Urban Commercial. Gas and hydro available on site; wastewater serviced; municipal water anticipated ~Q1 2030 via the new Collingwood WTP, with an interim water allocation program available to accelerate timing. Project also has an active Build Canada Homes funding application, currently at Stage 2. Town confirmed condo/rental tenure and seniors-oriented marketing are at owner's discretion under the current zoning. DC eligibility confirmed against Town's Hemson 2023 study for required external works. Ideally positioned to capture housing demand from Alliston's provincial employment lands and Honda-driven relocation. Excellent opportunity for a builder/developer or JV/capital partner to acquire a zoned, de-risked, mixed-use, high-density site in a high-growth Simcoe County corridor. Buyer/agent to verify all information, measurements, and approvals.
Sold data
Homes in New Tecumseth (Alliston) took a median of 38 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 69, across 173 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 65 days.
The median sale price was $779,900.
Homes sold for about 2.9% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
Based on 173 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Currently for sale

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