Adjala-Tosorontio, Rural Adjala-Tosorontio, L0G 1W0
$3,995,000
Listed by COLDWELL BANKER RONAN REALTY.
Tucked away in a peaceful small-town setting, this exceptional 7-acres of designated residential land, located within the charming hamlet of Colgan, offers an unparalleled opportunity for developers or investors. With approved planning applications for five separate estate lots, including one existing residence, this prime piece of land is ready for transformation! The property currently features a home that could serve as a comfortable starting point or be transformed to suit your vision. Located in a friendly community ideally suited for multi-generational living or luxury estate development, the property benefits from its close proximity to major roads and highways, including Highway 9 and 400, and easy access to surrounding areas (Alliston, Tottenham, Caledon). With the potential to develop into multi-million-dollar properties, this is a rare opportunity to create an exclusive, high-end community in a sought-after location. Situated directly across from the New Tribute residential development, this parcel is poised for significant growth as the area continues to expand. Key advantages include: Strategic Location: Within Colgan's town limits, offering proximity to existing and planned residential projects. Development Potential: The land is designated for residential use, making it ideal for housing projects in a highly desirable location. Completed Studies: Multiple studies and reports have already been completed and can be accessed through the document data room upon execution of a Confidentiality Agreement. Property & house sold as is
- window coverings & hardware, electric light fixtures & hardware, fridge, stove- dishwasher, microwave, washing machine, dryer, hot tub (2017), outdoor shower (2023)
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.