For Sale

27887 Highway 48 N/A, Georgina, Ontario L0E 1R0

$0

27887 Highway 48 N/A, Georgina, Ontario L0E 1R0 is For Sale and has a listing price of 1,600,000. The property is located in the Georgina neighbourhood . It's been on the website for 122 Days.

  • 2
    Bathrooms
  • MLS ID: N12231050
  • Office Name RE/MAX REALTY ENTERPRISES INC.
Property Description

Prime 5-Acre Commercial Development Opportunity C2 Zoning.This rare 5-acre parcel presents an exceptional opportunity for a wide range of commercial developments with its flexible C2 zoning. Perfectly suited for professional offices, medical clinics, veterinary hospitals, garden centers, restaurants, service shops, or retail stores, this site is ready to bring your vision to life.The property includes a 2,192 SQFT bungalow that offers excellent potential for conversion into office space or, with the separate side-entrance basement walkout, a rental duplex for additional income. Extensive on-site parking ensures convenience for customers and service vehicles, while existing structures can be repurposed to accelerate development with minimal startup costs. Zoning permits a diverse array of commercial uses, including: Business or professional office, Catering or food service, Health care, clinic, or veterinary/animal hospital, Equipment sales or rental, Funeral home, Garden center or nursery, Rental storage, Mechanical or automotive garage, Motor vehicle sales or service, Restaurant or café, Retail or service shop, Truck terminal and related operations. Strategically located on a high-traffic section of Hwy 48, the site benefits from year-round visibility and a notable seasonal increase in traffic during cottage months. With the upcoming Hwy 404 extension set to improve accessibility, this property represents a smart long-term investment in a rapidly growing corridor.SEE ATTACHED ZONING CHART

Property Details
  • MLS ID: N12231050
  • Bathrooms: 2
  • Price: $1,600,000
  • Lot Depth: 671.15
  • Transaction Types: For Sale
  • Ref ID: N12231050
  • Year Built: N/A
  • Dir / Cross St: Hwy 48 & Park Rd
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 31-50
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
06/19/2025 N12231050 $1,750,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Georgina
  • $1,080,074 Average List Price
    based on 1 year
  • 393 New Listings
    based on 30 days
  • 90 Median Days on Market
    based on 1 year
  • List vs. Selling Price 189.22 % Up
  • Sold (12mo) 661
  • Rented (12mo) 307

  • 1 Month Change -1.9%
  • 3 Month Change -31.7%
  • 6 Month Change +0.6%
Walkscore
  • 2 Walk Score
    Car-Dependent
  • - Transit Score
    No Nearby Transit
  • 26 Bike Score
    Somewhat Bikeable
Additional Details
  • Heat Type Baseboard
  • Washroom Type1: 2
  • Heating System Y
  • Garage Type Outside/surface
  • Taxes: $5,234
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 19/06/2025 00:22:32
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