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Lots & Land in Meaford
About 48 Gordon Crescent
This premium pie-shaped lot presents a rare opportunity to design a home that harmonizes with its natural surroundings. A 55-foot frontage gives way to a generous 130-foot rear width that extends into a peaceful forest. With the right design, this location offers a front-row seat to spectacular sunsets and the cooling influence of nearby Meaford Creek. Situated in an area of distinguished homes, the property combines the serenity of a forest-backed retreat with the convenience of being within walking distance to shops and minutes from the shores of Georgian Bay. All utilities are available at the lot, ensuring a seamless transition from vision to reality.
Meaford land priced at $199,000 — book a tour to see if it fits your search.
Inside 48 Gordon Cres
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
718.1
Listing & possession
Property class
Vacant Land
48 Gordon Cres Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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
$978
/mo
based on the purchase price of $199,000
$39,800 cash
$159,200 financed
$134,088 total interest
Principal54%$159,200
Interest46%$134,088
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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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Book a tour of 48 Gordon Cres with a licensed buyer's agent
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Ask about 48 Gordon Cres 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 market55Homes sold in about 55 days on average.
Sale-to-list ratio94.7%On average, homes sold below asking.
Active listings208Homes for sale here right now.
Median vs prior 90 days+1.5%Compared with May 2 – Jul 31, 2026: prices up.
Based on 80 sales from Jul 31 – Oct 29, 2026 (41 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 48 Gordon Cres
How much is 48 Gordon Cres listed for?
48 Gordon Cres is listed at $199,000 (MLS® X12213643). Summitly updates the price as soon as the MLS® record changes.
Has the price of 48 Gordon Cres changed?
Yes — it was first listed at $225,000 and is now $199,000, a drop of $26,000 (11.6%).
How many bedrooms and bathrooms does 48 Gordon Cres have?
The listing for 48 Gordon Cres doesn't publish its bedroom and bathroom count. It is a lot in Meaford.
How much would the monthly mortgage be on 48 Gordon Cres?
About $978 a month — principal and interest on $199,000 with 20% down ($39,800), 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 48 Gordon Cres compare with other homes in Meaford?
Its asking price of $199,000 is about 71% below the median sold price in Meaford over the last 90 days, $695,000, across 80 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 48 Gordon Cres been sold before?
Summitly has no earlier MLS® sale or lease of 48 Gordon Cres on record from the last two years. Older records aren't shown under TRREB rules.
Where is 48 Gordon Cres?
48 Gordon Cres is in Meaford, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 48 Gordon Cres been on the market?
505 days — 48 Gordon Cres was listed on June 11, 2025.
What is the lot size of 48 Gordon Cres?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on 48 Gordon Cres?
About $1,715 in Ontario land transfer tax at the asking price of $199,000. 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 48 Gordon Cres 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 48 Gordon Cres?
The listing for 48 Gordon Cres doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Meaford.
