
List Price: $6,600,000
18609 Highway 48 N/A, East Gwillimbury, L0G 1M0
- By ROYAL LEPAGE YOUR COMMUNITY REALTY
Land|MLS - #N12155378|New
Bed
Bath
99.098 Sqft.
Other Garage
Client 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.
Property Description
18609 Highway 48 N/A, East Gwillimbury, L0G 1M0
Property type
Land
Lot size
N/A acres
Style
Approx. Area
99.098 Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
Building size
99.098
Status
In-Active
Property sub type
Maintenance fee
$N/A
Year built
--

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18609 Highway 48 N/A, East Gwillimbury, L0G 1M0Nearby Places

Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Commercial PropertiesProperty Management
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Estimated Payment
$0 Principal and Interest
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