18609 Highway 48 N/A, East Gwillimbury, ON L0G 1M0
$5,500,000
18609 Highway 48 N/A, East Gwillimbury, ON L0G 1M0, East Gwillimbury, ON
99.098 sqft
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 Highlights
For Sale
MLS NO.
N12155378
Type
Commercial
Sub Type
Land
Square Footage
99.098 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Land
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
N12155378
Lot Width
700.0
Lot Size
99.089
Garage Type
Other
Cooling
Yes
Heat Type
Baseboard
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
18609 Highway 48 N/A, East Gwillimbury, ON L0G 1M0
City
East Gwillimbury
Neighbourhood
Mt Albert
County / Region
York
Province / State
ON
Postal Code
L0G 1M0
Cross Street
Hwy. 48 & Mount Albert Rd.
Directions
Hwy. 48 & Mount Albert Rd.
List Price
$5,500,000
Annual Taxes
$4,351
Tax Year
2024
Legal Description
PART LOT 8, CONCESSION 8 EAST GWILLIMBURY, PART 1, PLAN 65R-13024, SAVE AND EXCEPT PART 1, PLAN 65R-40624; S/T AND T/W R220488 TOWN OF EAST GWILLIMBURY
Possession Type
Flexible
Possession Details
TBD
Listing Office
REMAX YOUR COMMUNITY REALTY
Board
Toronto Regional Real Estate Board
Original Entry
2025-05-16T20:47:47Z
Media Updated
2026-01-19T16:00:37Z
Photos Updated
2025-05-27T15:11:13Z
Last Modified
2026-01-19T16:00:37Z
System Modified
2026-01-19T16:00:37.238842Z
MLS Status
Price Change
Ddfyn
Yes
Expiration Date
2026-05-20
Heat Type Multi
Baseboard
Hstapplication
In Addition To
Occupant Type
Owner+Tenant
Originating System Id
A00001796
Parcel Number
034430717
Public Remarks
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.
