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
Address
2329 Concession Rd 8
List Price
$3,995,000
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
1 1/2 Storey
Area
Adjala-Tosorontio
Sub-Area
Rural Adjala-Tosorontio
County
Simcoe
Bedrooms
3
Bathrooms
2
Floor Area
700 - 1100 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
933
Lot Shape
Irregular
Lot Size Units
Feet
Lot Width
465
Approx. Age
31 - 50 Years
MLS® Number
N12048235
Listing Brokerage
COLDWELL BANKER RONAN REALTY
Basement Area
Unfinished
Postal Code
L0G 1W0
Parking
Private
Parking Places (Total)
6
Tax Amount
$2,191.29
Tax Year
2025
Exterior Features
Hot Tub
Interior Features
Water Heater, Water Heater Owned, Water Softener, Water Treatment
Property Features
Park, School, School Bus Route, Place Of Worship
Heat Source
Propane
Heat Type
Forced Air
Cooling Features
None
Construction Materials
Wood
Direction Faces
East
Fireplace
Yes
Foundation Details
Concrete Block
Garage Type
None
Kitchens Total
1
Pool Features
None
Roof
Metal
Security Features
Smoke Detector
Sewer
Septic
