18609 Highway 48 East Gwillimbury (Mt Albert), Ontario L0G 1M0
$3,495,000
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. (id:63244)
Business
| Business Type | Residential |
| Business Sub Type | Residential |
Property Details
| MLS® Number | N13687498 |
| Property Type | Vacant Land |
| Community Name | Mt Albert |
| Features | Irregular Lot Size |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Type | Baseboard Heaters |
| Size Interior | 99 Ac |
Parking
| Other |
Land
| Acreage | Yes |
| Sewer | Septic System |
| Size Depth | 3402 Ft |
| Size Frontage | 700 Ft |
| Size Irregular | 99.089 |
| Size Total | 99.089 Ac |
| Size Total Text | 99.089 Ac |
| Zoning Description | Rural |
https://www.realtor.ca/real-estate/30168962/18609-highway-48-east-gwillimbury-mt-albert-mt-albert
Interested?
Contact us for more information
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 The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
August 18 2026 04:57:20
Toronto Real Estate Board
RE/MAX Your Community Realty