Save your favourites without logging in, or giving your phone number
Work with us
Search properties
Price
Bedrooms
Bathrooms
Property type
More filters
View all 6 photos →
18609 Highway 48
+4 more photos
For Sale
18609 Highway 48
Mt Albert, East Gwillimbury L0G1M0
$5,500,000
MLS® N12155378
Parking
Interior
99 ac
Lot size
700 ft×3402 ft ft
Type
Vacant Land
About this property
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.
Features & highlights
Irregular lot size
Property details
Heating Baseboard heaters
Cooling Fully air conditioned
Lot dimensions 700 ft × 3402 ft ft
Sewer Septic System
Listed May 15, 2025
Days on market 333 days
Listing brokerage Remax Your Community Realty
MLS® N12155378
$5,500,000
18609 Highway 48
Mt Albert, East Gwillimbury
MLS® N12155378 · For Sale
DG
Dom Gullo
Remax Your Community Realty
Mortgage calculator
$
$ 20%
%
$ /mo
$ /mo
Monthly payment

Estimate only. Canadian mortgages are compounded semi-annually. Rates, taxes and fees will vary. Speak to a mortgage professional before making financial decisions.

Location
Open in maps →
More listings in Mt Albert
View all →
$5,500,000
18609 Highway 48
Book a showing
18609 Highway 48
$5,500,000 · Mt Albert, East Gwillimbury
Request a viewing
Leave your details and the listing agent will be in touch to confirm a time.
By submitting this request you agree to be contacted by the listing agent in accordance with CREA® guidelines.