$3,495,000
For SaleList: 2026-08-18
N13687498
Added 26 days ago
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About this home
Broker remarks from the listing.
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.
Property sheet
Key facts from the MLS® sheet for this home.
Record
Buy/sell history for 18609 Highway 48, East Gwillimbury, ON L0G 1M0 (Vacant land)
$3,495,000
For SaleList: 2026-08-18
N13687498
| Contract Date | Last Update | Price | Status | Listing ID |
|---|---|---|---|---|
| Aug 18, 2026 | Aug 18, 2026 | $3,495,000 | For Sale | N13687498 |
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