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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 1M0
Nearby Places
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Commercial PropertiesProperty Management

Mortgage Information

Estimated Payment

$0 Principal and Interest

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