ON > East Gwillimbury > Mt Albert
East Gwillimbury, ON L0G 1M0,18609 Highway 48 N/A
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East Gwillimbury, ON L0G 1M0,18609 Highway 48 N/A
East Gwillimbury, ON L0G 1M0,18609 Highway 48 N/A
East Gwillimbury, ON L0G 1M0,18609 Highway 48 N/A
East Gwillimbury, ON L0G 1M0,18609 Highway 48 N/A
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 6,600,000
Est. payment /mo
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Active

18609 Highway 48 N/A East Gwillimbury, ON L0G 1M0

99 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Square Footage 99 sqft

Price per Sqft $66,666

Subdivision Mt Albert

MLS Listing ID N12155378

Annual Tax Amount $4,351

Tax Year 2024

Property Sub-Type Land

Lot Depth 3402.0

Lot Front 700.0

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.

Location

Province ON

County York

Community Mt Albert

Area York

Interior

Cooling Yes

Exterior

Utilities Available Available

Lot Frontage 700.0

Lot Depth 3402.0

Listed by ROYAL LEPAGE YOUR COMMUNITY REALTY
agent

Jethro Seymour

Broker

+1(416) 712-0767

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18609 Highway 48 N/A

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