18609 HIGHWAY 48, East Gwillimbury (Mt Albert)
$3,495,000
For sale: Vacant Land
- Property type
- Land
- MLS®
- MLS® N13687498
- Neighbourhood
- Mt Albert
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.
Sold data
Homes in East Gwillimbury (Mt Albert) — recent sold market
Homes in East Gwillimbury (Mt Albert) took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 44, across 114 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.
The median sale price was $999,000.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 16% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
- Median days to sell
- 22
- Median sale price
- $999,000
- Sale-to-list ratio
- 97.0%
- Sold above asking
- 16%
Based on 114 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in East Gwillimbury (Mt Albert)
East Gwillimbury (Mt Albert) has 3 Fraser Institute–rated schools (3 elementary), averaging 6.7/10.
- Rated schools
- 3
- Elementary
- 3
- Average rating
- 6.7 / 10
Top-rated schools in East Gwillimbury (Mt Albert)
- Jean-Béliveau — elementary, East GwillimburyFraser rating 7.5/10
- Phoebe Gilman — elementary, East GwillimburyFraser rating 7.2/10
- Good Shepherd — elementary, East GwillimburyFraser rating 5.4/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
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