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18609 HIGHWAY 48
East Gwillimbury Ontario , L0G1M0 , Canada
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Domenico Gullo
Agent
Sales Representative
Phone: 905.476.4337

Royal LePage Your Community Realty
Brokerage:
461 THE QUEENSWAY SOUTH
Keswick, ON
L4P2C9
Phone: 905.476.4337
Fax: 905.476.6141
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$6,600,000.00
MLS® N12155378
Vacant Land : Vacant Land
Lot Frontage: 700.0 Feet
Lot Depth: 3402.0 Feet
Floor Space (approx): 99 Square Feet
Acreage: Yes
Zoning: Rural
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. (id:7525)

Property Features:
  • Features: Irregular lot size
  • Property Type: Vacant Land
  • Sewer: Septic System
Building Features:
  • Cooling Type: Fully air conditioned
  • Heating Type: Baseboard heaters

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

All offices are independently owned and operated, except those offices identified as "Royal LePage Real Estate Services Ltd."

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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