2329 Concession Rd 8 Adjala-Tosorontio, Ontario L0G 1W0

$3,995,000

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 (id:50886)

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https://www.realtor.ca/real-estate/28089364/2329-concession-rd-8-adjala-tosorontio-rural-adjala-tosorontio