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Commercial Property in East Gwillimbury
About 20697 Highway 48 Highway
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
East Gwillimbury investment priced at $699,900 — book a tour to see if it fits your search.
Inside 20697 Highway 48 Hwy
Every detail from the listing, in one place.
Type
Investment
Features & systems
Lot & land
Lot size (sqft)
48.75
Listing & possession
Property class
Investment
20697 Highway 48 Hwy Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
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From 20697 Highway 48 Hwy. Typical times without traffic delays; transit times aren't available yet.
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Ask about 20697 Highway 48 Hwy day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 20697 Highway 48 Hwy
Homes for sale in East Gwillimbury
Every active East Gwillimbury MLS® listing, updated all day.
Average days on market36Homes sold in about 36 days on average.
Sale-to-list ratio97.7%On average, homes sold below asking.
Active listings267Homes for sale here right now.
Median vs prior 90 days+2.2%Compared with May 3 – Aug 1, 2026: prices up.
Based on 159 sales from Aug 1 – Oct 30, 2026 (126 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 20697 Highway 48 Hwy
How much is 20697 Highway 48 Hwy listed for?
20697 Highway 48 Hwy is listed at $699,900 (MLS® N13560408). Summitly updates the price as soon as the MLS® record changes.
Has the price of 20697 Highway 48 Hwy changed?
Yes — it was first listed at $799,900 and is now $699,900, a drop of $100,000 (12.5%).
How many bedrooms and bathrooms does 20697 Highway 48 Hwy have?
The listing for 20697 Highway 48 Hwy doesn't publish its bedroom and bathroom count. It is a commercial property in East Gwillimbury.
How does 20697 Highway 48 Hwy compare with other homes in East Gwillimbury?
Its asking price of $699,900 is about 33% below the median sold price in East Gwillimbury over the last 90 days, $1,040,000, across 159 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 20697 Highway 48 Hwy been sold before?
Summitly has no earlier MLS® sale or lease of 20697 Highway 48 Hwy on record from the last two years. Older records aren't shown under TRREB rules.
Where is 20697 Highway 48 Hwy?
20697 Highway 48 Hwy is in East Gwillimbury, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 20697 Highway 48 Hwy been on the market?
108 days — 20697 Highway 48 Hwy was listed on July 14, 2026.
What is the land transfer tax on 20697 Highway 48 Hwy?
About $10,473 in Ontario land transfer tax at the asking price of $699,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 20697 Highway 48 Hwy or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 20697 Highway 48 Hwy?
The listing for 20697 Highway 48 Hwy doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for East Gwillimbury.
When was 20697 Highway 48 Hwy built?
The listing for 20697 Highway 48 Hwy doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
