For Sale
6179 89 Highway
Rural New Tecumseth, New Tecumseth, ON
$1
0Bd
0Ba
—sqft
1504.3 x 862.3 ftlot
LandMLS# N12857004Listed 2026-03-06138 DOM
On the market for 138 days — longer than average. The seller may be open to negotiation.
About this home
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.
Financials
Annual Taxes
$6,548.28
Estimated Rental Income
Entire property$2,000 – $3,000/mo
Rental yield2400000.0% – 3600000.0%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — New Tecumseth
Days on market138 days
Buyer's MarketSeller's Market
Based on active listings in New Tecumseth. Data updates daily.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
64
/ 100
Walk Score
Somewhat Walkable
41
/ 100
Transit Score
Some Transit
46
/ 100
Bike Score
Somewhat Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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