For Sale

18609 Highway 48 N/A, East Gwillimbury, Ontario L0G 1M0

$0

18609 Highway 48 N/A, East Gwillimbury, Ontario L0G 1M0 is For Sale and has a listing price of 6,600,000. The property is located in the East Gwillimbury neighbourhood . It's been on the website for 114 Days.

  • Land
    Property Type
  • MLS ID: N12155378
  • Office Name ROYAL LEPAGE YOUR COMMUNITY REALTY
Property Description

Exceptional 99-Acre parcel located just outside the Mount Albert Official Plan. An extraordinary opportunity to acquire a strategically positioned 99-acre parcel of prime future development land, located in the thriving and fast-growing Town of East Gwillimbury. Nestled in the heart of Mount Albert and surrounded by multiple active and proposed residential developments, this property offers significant potential for long-term capital appreciation. Featuring dual access from both Highway 48 and Centre Street, the site enjoys superb connectivity and ease of access, an increasingly rare combination in such a desirable location. The land currently produces a steady rental income of over $41,000 annually for the farm lease and two updated homes on the property, delivering immediate revenue for investors as they plan for future development potential. With a majority of the land being actively farmed, it is well maintained throughout all four seasons and also benefits from its location at the highest natural elevation in Mount Albert, verified by provincial topographic surveys. This property offers a unique landscape characteristic that may provide added value from both a planning and design perspective. Investor sentiment remains highly positive, with strong confidence in the property’s long-term prospects. This reinforces the strategic value of land banking in a region poised for sustained growth and transformation.

Property Details
  • MLS ID: N12155378
  • Price: $6,600,000
  • Lot Depth: 3402
  • Transaction Types: For Sale
  • Ref ID: N12155378
  • Year Built: N/A
  • Dir / Cross St: Hwy. 48 & Mount Albert Rd.
  • Status: Active
  • Tax Year: 2024
  • Property Type: Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
05/16/2025 N12155378 $6,600,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
East Gwillimbury
  • $1,996,455 Average List Price
    based on 1 year
  • 268 New Listings
    based on 30 days
  • 119 Median Days on Market
    based on 1 year
  • List vs. Selling Price 171.88 % Up
  • Sold (12mo) 468
  • Rented (12mo) 329

  • 1 Month Change -17.8%
  • 3 Month Change -4.3%
  • 6 Month Change -39.3%
Walkscore
  • 9 Walk Score
    Car-Dependent
  • 19 Bike Score
    Somewhat Bikeable
Additional Details
  • Heat Type Baseboard
  • Garage Type Other
  • Taxes: $4,351
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 16/05/2025 20:47:47
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