21889 Highway 48

FOR SALE
$4,499,999
21889 Highway 48, East Gwillimbury
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
21889 Highway 48
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3 + 2
BEDROOMS
6
BATHROOMS
1 + 1
KITCHENS
8 + 5
ROOMS
N10412905
MLSID
Contact Us
Property Description
A rare and lucrative investment opportunity, this expansive 50-acre estate comes fully irrigated and includes a professionally designed 9-hole executive golf course, a spacious raised bungalow with a private walk-out in-law suite, and a large, versatile workshop (approximately 4,000 Sq.Ft.) powered by a 10-amp supply. Enhanced by diverse revenue-generating features, the property also boasts well-maintained 40x20 and 40x8 storage facilities, a resort-style saltwater pool, serene fish pond, a beautifully matured garden, and numerous other amenities that make this a truly exceptional property for investors seeking value and appeal.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-11 2024-06-11 31 $2,999,000 - Terminated
2020-09-17 2020-10-02 15 $2,298,888 $2,053,000 Sold
Property Features
Clear View, Golf, Lake/Pond, River/Stream
Property Details
Property Type
Detached, Bungalow-Raised
Lot Size
614' x 3,525'
Acreage
50-99.99
Fronting
East
Taxes
$5,624 (2023)
Basement
Finished, W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
12
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain16.63' x 22.05'Hardwood Floor, Large Window
DiningMain12.93' x 22.60'Hardwood Floor, Formal Rm
KitchenMain15.35' x 17.59'Ceramic Floor, Granite Counter
BreakfastMain10.79' x 11.52'Hardwood Floor, W/O To Deck
FamilyMain17.16' x 22.93'Hardwood Floor, Overlook Golf Course
Prim BdrmMain14.01' x 14.04'Hardwood Floor, 5 Pc Ensuite
2nd BrMain10.89' x 14.50'Hardwood Floor, Double Closet
3rd BrMain9.58' x 11.68'Hardwood Floor, Double Closet
KitchenBsmt12.20' x 14.21'Eat-In Kitchen
RecBsmt11.88' x 20.90'Beamed
BrBsmt10.99' x 16.37'Above Grade Window
BrBsmt11.06' x 16.73'
East Gwillimbury Market Statistics
East Gwillimbury Price Trend
21889 Highway 48 is a 3-bedroom 6-bathroom home listed for sale at $4,499,999, which is $3,273,099 (266.8%) higher than the average sold price of $1,226,900 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in East Gwillimbury increased by $255,775 (26.3%) compared to the previous 30 day period (September 21 - October 20) and up $128,650 (11.7%) from the same time one year ago.
Inventory Change
There were 25 3-bedroom homes listed in East Gwillimbury over the last 30 days (October 21 - November 19), which is down 0.0% compared with the previous 30 day period (September 21 - October 20) and down 10.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in East Gwillimbury typically sold ($35,699) (2.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $11,963 decrease compared to the previous 30 day period (September 21 - October 20) and ($46,757) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in East Gwillimbury over the last 30 days (October 21 - November 19) stood at 40.0%, up from 32.0% over the previous 30 days (September 21 - October 20) and down from 42.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 6-bathroom home in East Gwillimbury stood at 25 days when successfully sold over the last 30 days (October 21 - November 19), compared to 50 days before being removed from the market upon being suspended or terminated.
Listing contracted with Intercity Realty Inc.
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