A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 27887 Highway 48 Rd, Georgina Ontario L0E 1R0
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Re-listed 79 days ago

27887 Highway 48 Rd, Georgina, Ontario L0E 1R0

Detached
3
2
~2000-2500 sqft
$•••,•••
$1,999,900
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Detached
3
2
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$899/sqft

Est. Mortgage$8,589/mo

Tax Amount (2024)$5,400/yr

Days On Market79 days

Total Days On Market361 days


Description

Calling All Investors and Developers. This Lot sits On A Generous 5-Acre Lot With C2 Commercial Zoning, Offering A Variety Of Ideal Uses For Various Businesses; including Nursery, Educational, Medical, And Technical Supplier Businesses. The Property Features Abundant Parking, Perfect For Accommodating Multiple Service Vehicles Or Rental Storage. The Home Itself Can Easily Be Converted Into Professional Office Space, Or, Take Advantage Of The Side Basement Walk-Out And Transform The Property Into A Rental Duplex While Adding An Outbuilding For Additional Storage Income. The Potential Here Is Endless! Located On A Busy Stretch Of Hwy 48, The Area Experiences A Steady Flow Of Traffic Year-Round, With A Major Surge During Cottage Season. Don't Miss The Opportunity To Invest Now In Anticipation Of The 404 Extension!


Property Details

StyleBungalow-Raised
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size218,041 SqFt(671 x 324.95)
Parking Spaces21
MLS ®NumberN11982307
Community NameNeighborhood of Georgina
Data SourceTRREB
Listing bySAM MCDADI REAL ESTATE INC.

Features

Heating: Baseboard
Basement: Sep Entrance

Main Floor

Breakfast

4.0 x 3.0

W/O To Deck / Laminate / Pot Lights

Living

3.75 x 5.23

Window / O/Looks Frontyard / Pot Lights

Primary

4.0 x 3.96

Window / 4 Pc Ensuite / Pot Lights

2nd Br

2.6 x 3.96

Window / Double Closet / Pot Lights


Features

Lot size: 218,041 SqFt

Parking

Garage spaces 1

Garage type Built-In

Other parking spaces 20

Total parking spaces 21


Property listed by SAM MCDADI REAL ESTATE INC., Brokerage

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Market Data - Neighborhood of Georgina

Geo Zone Map ThumbnailNeighborhood of Georgina

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

31 days

Compared to

2024

23 days

2023

24 days

2022

11 days

New Listings

Past 30 days

183 listings

Compared to

2024

153 listings

2023

120 listings

2022

178 listings

Units sold

Past 30 days

36 units

Compared to

2024

58 units

2023

70 units

2022

68 units

Median Sold Price

Past 30 days

$845,000

Compared to

2024

$900,000

2023

$886,250

2022

$917,500


Population and Demographics

Overview

Total population 47693
Average household income $127,528

Age (%)

50 to 64
24%
0 to 19
21%
35 to 49
19%
20 to 34
18%
65 and plus
17%

Household composition (%)

Single family
71%
Single person
24%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
90%
Others
6%
Russian
1%
Yue (Cantonese)
1%

House tenancy (%)

Owners
81%
Renters
19%

Schools and amenities

Estimated Budget