Town of New Tecumseth approves sale of surplus lands

Town of New Tecumseth council recently agreed to pursue the sale of five municipally-owned properties that could fetch upwards of $2 million.

Council voted to sell lands at 4 Elizabeth Street, Tupper Street (Alliston), 4213 Sideroad 20 (New Tecumseth), 285 Centre Street North (Beeton) and 5594 Concession Road Three (Adjala-Tosorontio). As well, the town’s real estate brokerage, Coldwell Banker, Ronan Realty, was directed to begin the process to sell the lands.

Revenue from the sales will be forwarded to the Hydro Electric Commission Sale Reserve Fund.

Pictured here are the Tupper Street lands, 3.85 acres, listed for $990,000.

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