$5,500,000
FOR SALE

Land

Lot: 700 x 3,402 ft

18609 Highway 48
East Gwillimbury (Mt Albert), ON L0G 1M0

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:47421)
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Listed By REMAX YOUR COMMUNITY REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number N12155378
Last Updated Feb 24, 2026
Property Summary
Property Type Land

More like this:
Use Residential
Community Mt Albert
Price History

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Detailed Information
Lot 700 x 3,402 ft
Features Irregular lot size
Listing Contract Date 2025-05-15
Location Description Hwy. 48 & Mount Albert Rd.
Property Type Vacant Land
Transaction Type For sale
Zoning Description Rural
Business
Business Type Residential
Business Subtype Residential
Building
Cooling Type Fully air conditioned
Heating Type Baseboard heaters
Parking Spaces
Name Spaces
Other
Land
Total Size 99.089 acres
Acreage Yes
Sewer Septic System
Size of Irregular Land 99.089

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