For Sale: 18609 Highway 48 N/A, East Gwillimbury, ON - REW
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$3,495,000
0 bd ba sf Land/Lot

18609 Highway 48 N/AEast Gwillimbury, ON, L0G 1M0

Rural East Gwillimbury
  • 0 Bed
  • Bath
  • Sqft
  • Land/Lot

About this home

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-as 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.
Listed by: Dom Gullo, Salesperson, REMAX YOUR COMMUNITY REALTY

Home facts and features

Price details
List Price
Gross Taxes for 2025
$4,350
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
700 ft x 3402 ft (54.67 acres)
Depth
3402.0
Frontage
700.0
Heating Type
Baseboard
Cooling
Yes
Community
Agent details
Primary Agent
Dom Gullo
Primary Broker
REMAX YOUR COMMUNITY REALTY
Listing details
Days on REW
2 Days
MLS® Number
N13687498
Source
Toronto Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Mount Albert Public School
  • Public
  • JK - 8
Robert Munsch Public School
  • Public
  • JK - 3
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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