18609 Highway 48, East Gwillimbury, ON L0G 1M0
East Gwillimbury, ON, L0G 1M0 · Mt Albert
About this property
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.
Features & Amenities
- Garage: Other
- Cooling: Yes
- Heat Type: Baseboard
- Sewer: Septic
Property Details
| Property Type | Commercial |
|---|---|
| Property Sub-Type | Land |
| Lot Size | 99 Feet |
| Garage | Other |
| Heat Type | Baseboard |
| Cooling | Yes |
| Sewer | Septic |
| Annual Tax | $4,350 |
| Tax Year | 2025 |
Building & Construction
- Building Area Total
- 99.098
Heating & Cooling
- Heat Type
- Baseboard
- Cooling
- Yes
Parking & Garage
- Garage Type
- Other
Lot & Land
- Lot Size Area
- 99.09
- Lot Size Units
- Feet
- Lot Depth
- 3402.00
- Lot Width
- 700.00
- Lot Irregularities
- 1350ft. Frontage on Centre St.
Financial & Tax
- Tax Annual Amount
- $4,350
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- TBD
Utilities & Services
- Sewer
- Septic
- Utilities
- Available
Additional Details
- Occupant Type
- Owner+Tenant
- County Or Parish
- York
- Cross Street
- Hwy. 48 & Mount Albert Rd.
- Directions
- Hwy. 48 & Mount Albert Rd.
- Showing Requirements
- See Brokerage Remarks
Location
18609 Highway 48, East Gwillimbury, ON L0G 1M0, East Gwillimbury, ON, L0G 1M0