Alliston · L9R 1A5
$9,990,000
1 weeks on market
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.
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This home is priced above most comparable listings — about 90% of comparable vacant land listings in New Tecumseth are asking less.
Based on 21 comparable active vacant land listings in New Tecumseth. These are asking prices, not sale prices.
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An estimate on the asking price of $9,990,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
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