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Commercial Property in Georgina
About 23721 Highway 48
A Great Commercial Opportunity on Highway 48, with an excellent exposure and an enormous amount of opportunities for present and future use. Baldwin Plaza consist of 10.65 Acres with 38.234 sq. ft of rented space with an amazing return, with 9 tenants ( the last unit of 3200 sq ft was just rented for a 10 year term ) varying from National Coffee Shop to Restaurants, Convenient Store, Gym, Motel and a significant amount of parking and extra space that could possibly be used in the future. In the sale of the property it is also included the 7090 sq ft Motel Business, with 19 rooms most of them renovated. None of the other businesses or any chattels belonging to the tenants are included in the purchase price.
Georgina retail priced at $5,888,000 — book a tour to see if it fits your search.
Inside 23721 Highway 48
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
23721 Highway 48 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N12880728$5,888,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 23721 Highway 48 Compares to the Georgina Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
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How long is your commute?
From 23721 Highway 48. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
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Book a tour of 23721 Highway 48 with a licensed buyer's agent
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Zara · AI virtual agent
Ask about 23721 Highway 48 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.
Average days on market36Homes sold in about 36 days on average.
Sale-to-list ratio96.5%On average, homes sold below asking.
Active listings548Homes for sale here right now.
Median vs prior 90 days−1.3%Compared with Apr 26 – Jul 25, 2026: prices down.
Based on 277 sales from Jul 25 – Oct 23, 2026 (179 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 23721 Highway 48
How much is 23721 Highway 48 listed for?
23721 Highway 48 is listed at $5,888,000 (MLS® N12880728). Summitly updates the price as soon as the MLS® record changes.
Has the price of 23721 Highway 48 changed?
No — 23721 Highway 48 is still listed at its original asking price of $5,888,000.
How many bedrooms and bathrooms does 23721 Highway 48 have?
The listing for 23721 Highway 48 doesn't publish its bedroom and bathroom count. It is a commercial property in Georgina.
How does 23721 Highway 48 compare with other homes in Georgina?
Its asking price of $5,888,000 is about 660% above the median sold price in Georgina over the last 90 days, $775,000, across 277 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 23721 Highway 48 been sold before?
Summitly has no earlier MLS® sale or lease of 23721 Highway 48 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 23721 Highway 48?
23721 Highway 48 is in Georgina, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 23721 Highway 48 been on the market?
224 days — 23721 Highway 48 was listed on March 13, 2026.
What is the land transfer tax on 23721 Highway 48?
About $133,675 in Ontario land transfer tax at the asking price of $5,888,000. 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 23721 Highway 48 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 23721 Highway 48?
The listing for 23721 Highway 48 doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Georgina.
When was 23721 Highway 48 built?
The listing for 23721 Highway 48 doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.