20697 Highway 48 Highway, East Gwillimbury - Business for Sale
20697 Highway 48 Highway, East Gwillimbury, Ontario, L0G1M0
Description
Power of Sale Opportunity! 20697 Highway 48, East Gwillimbury is an exceptional opportunity to acquire approximately 50 acres of level, vacant land with over 824 feet of frontage along Highway 48, just north of Mount Albert. Located west of the railway line, this expansive parcel offers excellent exposure and accessibility. Zoned Rural (RU), the property allows for a wide range of permitted uses including: agricultural and agri-related operations, greenhouses, equestrian facilities, farm produce outlets, nurseries, kennels, on-farm diversified uses, single-detached dwellings, accessory apartments, bed and breakfast establishments, animal clinics, group homes, home child care, and home businesses. It also supports unique lifestyle or entrepreneurial ventures such as agri-tourism and farm implement sales. Ideal for investors, farmers, or those seeking to build a private country estate. Don't miss this rare opportunity to own a large parcel with endless potential in a growing area of East Gwillimbury (id:66096)
Property Details
- MLS®
- N13560408
- Property Type
- Business
- Zoning
- RU
- Lot Size
- 48 acres
- Frontage
- 825 ft
- Heating
- No heat
- Cooling
- None
- Property Tax
- $2,400/yr
- Listed
- 113 days ago
Market Timing
Long Listed: 113 days on market, against an average age of 58 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 97.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in East Gwillimbury is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L0G)
This home lists at $699,900, about 5.9× the local median household income of $118,000.
Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 16% above the area median.
- Median household income
- $118,000
- Population
- 44,945
- Median age
- 41.6
- Owner / renter
- 88% / 12%
- Avg. household size
- 2.9
Source: Statistics Canada, 2021 Census (FSA L0G)
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$699,900
East Gwillimbury