28408 Highway 48 Road, Georgina, ON L0E 1E0
Georgina, ON L0E 1E0
About this property
Rare investment and redevelopment opportunity on Highway 48 in Georgina. Situated on approximately 4.5 acres with approximately 463 feet of prominent highway exposure, this established mixed use property combines immediate income with substantial long term potential. The main level features established commercial uses, including Circle K convenience store and Coffee Time, while the second floor contains five residential apartments. The building also includes a full basement and is identified as containing 16 rooms, 7 bedrooms, 9 washrooms and 6 kitchens.The large irregular parcel provides excellent visibility, ample on site space and flexibility for an investor, developer or owner user. The property is RU and C2 zoning, together with well and septic services. Subject to confirmation of zoning, servicing, environmental requirements and municipal approvals, the commercially zoned portion may support additional retail or restaurant space, professional or medical offices, a hotel or motel, automotive or fuel related uses, equipment or vehicle sales, commercial parking, storage and other highway commercial opportunities. Located in the Pefferlaw and Virginia area of eastern Georgina, the property benefits from direct Highway 48 access and proximity to growing residential communities, local businesses and the year round attractions of the Lake Simcoe region. This is a distinctive opportunity to acquire an established income producing property with recognizable commercial occupants, multiple residential units, substantial highway frontage and approximately 4.5 acres of land.Financial information is available to qualified buyers upon execution of a confidentiality agreement. Buyers and their representatives are responsible for conducting their own due diligence regarding zoning, permitted uses, servicing, environmental condition, apartment legality, development potential and all applicable approvals.
Property facts & features
- Property type
- Store W Apt/Office
- MLS® number
- N13864718
- Source status
- New
- Bedrooms
- 7
- Bathrooms
- 9
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- L0E 1E0
- Parking spaces
- 0
- Garage
- None
- Lot depth (source units)
- 394
- Annual property tax
- 21300
- Basement
- Full
- Laundry
- Not provided
- Interior features
- None
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $1,899,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Georgina →Listing brokerage: EXP REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® N13864718. Information deemed reliable but not guaranteed.