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
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
1 1/2 Storey
Approx. Age:
31-50
Total Approx Floor Area:
700-1100
Depth:
933'284 m
Frontage:
465'142 m
Lot Shape:
Irregular
Direction Faces:
East
Bedrooms:
3
Bathrooms:
2.0
Water supply:
Well
Kitchens:
1
Bedrooms Above Grade:
3
Kitchens Above Grade:
1
Rooms Above Grade:
6
Rooms Below Grade:
2
Zoning:
Residential
Heating type:
Forced Air
Heating Fuel:
Propane
Foundation:
Concrete Block
Roof:
Metal
Basement:
Unfinished
Fireplace/Stove:
Yes
Garage:
None
Garage Spaces:
0.0
Parking Features:
Private
Parking Spaces:
6
Total Parking Spaces:
6.0
Family Room:
Yes
Possession Details:
TBA
Pool:
None
Link:
No
HST Applicable To Sale Price:
In Addition To
Taxes:
$2,191.29 /
2025
Assessment:
$- /
-
Adjala-Tosorontio
Rural Adjala-Tosorontio
Simcoe
Park, School, School Bus Route, Place Of Worship
Water Heater, Water Heater Owned, Water Softener, Water Treatment
Hot Tub
Smoke Detector
- window coverings & hardware, electric light fixtures & hardware, fridge, stove- dishwasher, microwave, washing machine, dryer, hot tub (2017), outdoor shower (2023)
Data was last updated August 11, 2025 at 02:15 AM (UTC)
Area Statistics
Listings on market:
52
Avg list price:
$1,749,500
Min list price:
$899,900
Max list price:
$5,200,000
Avg days on market:
45
Min days on market:
4
Max days on market:
607
These statistics are generated based on the current listing's property type
and located in
Rural Adjala-Tosorontio. Average values are
derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.