Description

This property offers a prime location, immediately abutting the border of New Tecumseth, with two road frontages for easy access. The 2,610sf Farmhouse is currently generating income, providing a steady return while you await the areas future urbanization. The land boasts quality sandy-loam earth, presently farmed by a local farmer, ensuring its productivity. Enjoy stunning views from the beautiful elevation, which overlooks the town of Alliston, making this a rare and desirable opportunity for both investors and developers. Propane-fired-generator is in place, 10 years old, works beautifully coming on in 5 seconds of a power failure. Annual Income from local farmer: $5,500. Seller to continue occupying the farm house.