249-501-9917
6179 Highway 89, New Tecumseth, ON for Sale
Apartments - FOR SALE
1/12
null | Request Cap Rate

6179 Highway 89
New Tecumseth, ON L9R 1V2
Bradford/W Gwillimbury/New Tecumseth


HIGHLIGHTS

  • Two 12-Storey Buildings (one mixed-use, and other exclusively residential).
  • Total 524 Residential Units and 10,100 SF Retail space.
  • Total Lot size is 6.62 Acres with GFA of 511,700 SF
  • Zoning By-law Approved and Site plan approval submitted

OVERVIEW

Rare High-Rise Development Opportunity – Alliston, Ontario Presenting a premium 6.62-acre development site in the heart of Alliston, fully zoned and positioned for high-rise residential construction. The property has Site Plan Approval (SPA) submitted with approved plans for two 12-storey towers, featuring: 524 residential condominium units 5 ground-floor retail units Gross Floor Area (GFA): 47,540 m² (511,600 ft²) Two levels of underground parking Extensive indoor and outdoor amenities Strategically located on Highway 89, this site sits directly adjacent to a major SmartCentre (Walmart, Dollarama, etc.), and is minutes from Honda Canada, Stevenson Memorial Hospital, schools, parks, and planned future transit connections. With strong market fundamentals, excellent visibility, and a mix of residential and retail components, this project presents an ideal opportunity for developers or institutional investors seeking scale and momentum in one of Ontario’s fastest-growing communities. Seller open to VTB or Joint Venture. ?? Call 416-949-5050 or ?? email zafar@mayfairhomes.ca for more details. (40712354)

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

524

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Hi-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

12

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.62 AC

LAND SF

288,367 SF

ZONING

high rise residential

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Rana ZafarRight At Home Reatly Inc., BrokerageMore Info
249-501-9917

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Rana ZafarRight At Home Reatly Inc., BrokerageMore Info
249-501-9917

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.