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18609 HIGHWAY 48 East Gwillimbury

18609 HIGHWAY 48, East Gwillimbury

$6,600,000

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:25312)
  • Listing ID: N12155378
  • Property Type: Vacant Land
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Details

  • Features: Irregular lot size
  • Transaction: For sale
  • Zoning Description: Rural

Building

  • Cooling: Fully air conditioned
  • Fireplace Present: False
  • Heating: Baseboard heaters
  • Size Interior: 99 ac

Land

  • Acreage: true
  • Sewer: Septic System
  • Size Depth: 3402 ft
  • Size Frontage: 700 ft
  • Size Irregular: 99.089
  • Size Total: 99.089 ac

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    This property for sale is located at 18609 HIGHWAY 48 in East Gwillimbury. It was last modified on May 27th, 2025. Contact the Mullin Group to schedule a viewing or to discover other East Gwillimbury real estate for sale.

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