265 King Street N
Alliston, New Tecumseth, L9R 1N3
$1,899,900
Reduced $300,100 from $2,200,000
Listed 39 days ago · MLS® N13774818
About this home
LOCATION! LOCATION! LOCATION! Excellent opportunity to own a well-established, turn-key commercial plaza ideally situated in a high-traffic area and serving numerous surrounding subdivisions, with additional future residential development proposed nearby. The plaza features 3 established tenants generating approximately $100,000 per year in total rent, plus TMI, providing an attractive income-producing investment with a strong cap rate. Excellent visibility with easy ingress and egress. Additional development potential allows for approximately 4,000 sq. ft. of additional space above the existing plaza, suitable for rental apartments or professional office space, subject to municipal approvals. Offered for sale by the original owner who built the plaza. A rare opportunity combining stable rental income with future development upside. Do not disturb tenants.
Details
- Type
- Commercial Retail
- Lot
- 155.26 × 151.32 ft
- Garage
- None
- Property tax
- $8,900 (2025)
- Neighbourhood
- Alliston
- Municipality
- New Tecumseth
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
- Water and sewer
- Sanitary+Storm Available
- Utilities
- Available
Building and exterior
- Building area
- 4,000 Square Feet
More
- Possession
- Immediate
- Cross street
- King & Essa
- Business type
- Retail Store Related
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Car-dependent
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: no grocery stores, 0 cafés and restaurants, 1 park. Nearest park: Riverdale Park (750 m).
Schools nearby
Elementary
- Alliston Union Public School
EQAO: Gr 6 reading 88%, math 53%12 min walk - St. Paul's Catholic School Catholic
EQAO: Gr 6 reading 82%, math 55%15 min walk - Holy Family Catholic School Catholic
EQAO: Gr 6 reading 88%, math 42%2.1 km - Ernest Cumberland Elementary School
EQAO: Gr 6 reading 80%, math 58%2.1 km
Secondary
- Banting Memorial District High School
EQAO: Gr 9 math 55%, literacy test 87%1.9 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area L9R
- Owners / renters
- 80% / 20%
- Median household income
- $99,000
- Average age
- 42
- Children under 15
- 19%
- Homes
- 65% detached, 1% high-rise
- Commute by transit
- 0%
- Population
- 25,949
Languages spoken most at home besides English: Spanish 1%, Punjabi (Panjabi) 0.7%, Tamil 0.6%, Assyrian Neo-Aramaic 0.4%.
Safety
Crime Severity Index for Nottawasaga (New Tecumseth/Essa/Adjala Tosorontio) (OPP): 30 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.
Living here
Commute
To Union Station (downtown Toronto): 70 km. Transit times · Driving times
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by REMAX YOUR COMMUNITY REALTY.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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