My Office Listings

Back to Listings » Listing Details

18609 Highway 48 in York: Mt Albert Commercial for sale (East Gwillimbury) : MLS®# N12155378

18609 Highway 48 York L0G 1M0 : Mt Albert

Main Photo: 18609 Highway 48 in York: Mt Albert Commercial for sale (East Gwillimbury)  : MLS®# N12155378banner
$6,600,000 /For Sale
Prop. Type:
Commercial
MLS® Num:
N12155378
Status:
Active
Bus Major:
Residential
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 Alberta, 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 Type:
Commercial
Property Sub Type:
Land
Total Area:
4316709 sq. ft. Acres
Total Area:
Switch units of measure99.1 acre(s)
Depth:
Switch units of measure3402'
Frontage:
Switch units of measure700'
Lot Shape:
Irregular
Water supply:
Well
Zoning:
Rural
Heating type:
Baseboard
Garage:
Other
Possession Details:
TBD
Lot Irregularities:
1350ft. Frontage on Centre St.
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$4,351 / 2024
Assessment:
$- / -
East Gwillimbury
Mt Albert
York
Homes sold in "as is" condition. Buyers agent to verify taxes and lot measurements.
None
No
Utilities:
Available
Sewers:
Septic
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Residential
Category:
Raw (Outside Off Plan)
Date Listed:
May 16, 2025
Listed by ROYAL LEPAGE YOUR COMMUNITY REALTY
Data was last updated May 19, 2025 at 02:15 AM (UTC)

Hanna Gillis

Office: 905-476-4337

Fax: 905-476-6141

Cell: 905-251-3520

hannagillis@royallepage.ca

  looking at buying
  home
  past client
  Contact Me
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.