20697 Highway 48 Highway, East Gwillimbury, Ontario, L0G1M0




$699,900
East Gwillimbury
This lot in East Gwillimbury is for sale.
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)
Features and services as supplied by the listing brokerage.
Long Listed: 114 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.
This vacant land in East Gwillimbury is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
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.
Source: Statistics Canada, 2021 Census (FSA L0G)
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