6179 89 Highway, New Tecumseth, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Rural New Tecumseth. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 1504.3 x 862.3 ft lot size
Description
Rare development site in Alliston! This 6.62-acre parcel is zoned and ready for high-rise residential development, with Site Plan Approval (SPA) submitted. Approved plans support two 12-storey towers with a total of 524 residential condo units and 5 retail units and a Gross Floor Area (GFA) of 47,540 m (511,600 ft). Located along Highway 89, the site is adjacent to a major SmartCentre (Walmart, etc.) and minutes from Honda Canada, Stevenson Memorial Hospital, schools, parks, and planned future transit. Premium amenities and strong market fundamentals make this an ideal project for developers or institutional buyers. Seller is open to VTB or joint venture.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Key Features
Additional Details
Property Details
Heating & Cooling
Features
Property Features
Interior Features
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 6179 89 Highway, New Tecumseth, ON L9R 1V2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in New Tecumseth.
Configure Loan Settings
About Purchasing a Home in New Tecumseth, ON
For a property listed at $1 in New Tecumseth, the legal minimum down payment is $0 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $0 for this transaction. As this listing is in New Tecumseth (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $0.
Nearby Listings
No current listings found in New Tecumseth.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural New Tecumseth, New Tecumseth.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.