Opportunity awaits at this rural property situated along Highway 48 in Georgina! Offering a peaceful country setting with convenient access to surrounding communities, this property presents an intriguing opportunity for investors, agricultural enthusiasts, or buyers looking to establish their own rural retreat. The property features an existing older farmhouse, offering an opportunity to explore restoration or redevelopment possibilities, subject to the necessary approvals. With its rural character, natural surroundings and accessible location, this property offers plenty of potential for those with the vision to see beyond the ordinary. Whether you're looking to add to your land holdings, explore agricultural opportunities or invest in a piece of Georgina's countryside, this property deserves your attention. Bring your imagination and explore the possibilities! Buyers to conduct their own due diligence regarding property condition, permitted uses and any required approvals.
1 bedroom, 1 bathroom, about 700 sq ft, works out to roughly $999 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 28171 Highway 48
Every detail from the listing, in one place.
Type
Detached
Style
1 1/2 Storey
Living space
700-1100 sq ftas stated on the listing
Parking
15 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
15
Interior
Basement
None
Lot & land
Lot size (sqft)
31.56
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
28171 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® N14129442$699,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 28171 Highway 48 Compares to the Georgina Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,434
/mo
based on the purchase price of $699,000
$139,800 cash
$559,200 financed
$470,993 total interest
Principal54%$559,200
Interest46%$470,993
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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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.
Similar homes for sale nearby in Georgina
Other 1–4 bed homes for sale in Georgina around $699K.
Average days on market38Homes sold in about 38 days on average.
Sale-to-list ratio96.2%On average, homes sold below asking.
Active listings543Homes for sale here right now.
Median vs prior 90 days−1.9%Compared with May 2 – Jul 31, 2026: prices down.
Based on 275 sales from Jul 31 – Oct 29, 2026 (193 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 28171 Highway 48
How much is 28171 Highway 48 listed for?
28171 Highway 48 is listed at $699,000 (MLS® N14129442). Summitly updates the price as soon as the MLS® record changes.
Is $699,000 a good price for 28171 Highway 48?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Georgina. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 28171 Highway 48 changed?
No — 28171 Highway 48 is still listed at its original asking price of $699,000.
How many bedrooms and bathrooms does 28171 Highway 48 have?
28171 Highway 48 has 1 bedroom and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Georgina.
How much would the monthly mortgage be on 28171 Highway 48?
About $3,434 a month — principal and interest on $699,000 with 20% down ($139,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 28171 Highway 48 compare with other homes in Georgina?
Its asking price of $699,000 is about 9% below the median sold price in Georgina over the last 90 days, $765,000, across 275 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 28171 Highway 48 been sold before?
Summitly has no earlier MLS® sale or lease of 28171 Highway 48 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 28171 Highway 48?
28171 Highway 48 is in Georgina, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 28171 Highway 48 been on the market?
3 days — 28171 Highway 48 was listed on October 26, 2026.
What is the price per square foot of 28171 Highway 48?
About $635 to $999 per square foot: the asking price of $699,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 28171 Highway 48 have parking or a garage?
Yes — the listing gives 15 parking spaces.
Does 28171 Highway 48 have a basement, and is it finished?
The listing says 28171 Highway 48 has no basement.
