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:
99.1 acre(s)40.1 hectare(s)
Depth:
3402'1,037 m
Frontage:
700'213 m
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)
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