Property
Type, style and structure
- Type
- land
- Style
- vacant land / Vacant Land
+10 more
99.089 ac
Lot
Property Snapshot
Key details for this listing
MLS #N12155378
Lot
Land, frontage and setting
- Lot
- 99.089 ac - 99.089
- Frontage
- 700.0 feet
- Neighbourhood
- Mt Albert
Costs
Price, taxes and monthly charges
About This Property
This vacant land in East Gwillimbury offers a 99.089 ac lot. The property has lot dimensions of 99.089. The home features baseboard heaters heating, fully air conditioned.
MLS Remarks
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. (id:60351)
Inclusions
Homes sold in "as is" condition. Buyers agent to verify taxes and lot measurements.
Looking for Something Similar?
We can help you find properties matching your criteria, including exclusive listings not yet on the market.
Save favorites, track showings, view sold data & get market alerts — Free account — 100% free
