Exceptional 99 Acre parcel located just outside the Mount Albert Official Plan.
| Website: | https://www.nestseekers.com/5699730 |
|---|---|
| Address: | East Gwillimbury L0G 1M0 Canada |
| Ownership: | For Sale |
|---|---|
| Type: | Land |
Financials
Price:C3,495,000
($2,519,700)
(€2,161,400)
Annual Taxes:C4,350
Description
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.
Amenities
- Available
Angelo Ferlisi 9 Queen Street Unit 7, Cookstown, Ontario Phone: +1 905-851-9099 |