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18609 HIGHWAY 48, East Gwillimbury (Mt Albert)
2025-05-16
Quick Summary
- Location
- 18609 HIGHWAY 48, East Gwillimbury (Mt Albert), Ontario L0G1M0
- Price
- $5,500,000
- Status:
- For Sale
- Property Type:
- Vacant Land
- Area:
- 99 ac
MLS®#N12155378
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. (id:32467)
Property Features
Building
- Cooling Type: Fully air conditioned
- Fireplace: No
- Interior Size: 99 ac
Features
- Feature: Irregular lot size
Land
- Land Size: 99.089 ac
- Sewer: Septic System
Zoning
- Description: Rural
Information entered by ROYAL LEPAGE YOUR COMMUNITY REALTY
Listing information last updated on: 2025-11-17 16:24:24
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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