416-816-8767
647-260-9793
6
$3,495,000 Sale
Listed 55 days ago
18609 Highway 48
· 0
· 0
· -
· -
Listing History
Buy/Sell/Terminated/Expired listing history for 18609 Highway 48
Key Facts
Key facts for 18609 Highway 48
Property Type
Commercial
Parking
Other
MLS #
N13687498
Size
-
Basement
-
Listed on
2026-08-18
Lot size
700 x 3402.0
Tax
$4,350 /yr
Days on Market
56
Approximate Age
-
Maintenance Fee
-
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-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.
Similar Properties (No results)
Courtesy of: REMAX YOUR COMMUNITY REALTY