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Listed 2 months ago

19113 Highway 48 N/A

Mt Albert, East Gwillimbury

$824,900

Detached|Bungalow
3 | 2 | 9
About this home

LOOK NO FURTHER RARE FIND - the perfect opportunity to live, work, or run your business in one prime location. This large, renovated brick bungalow sits on a generous lot in a high-visibility location on Highway 48 in Mount Albert. Zoned C3 (Multiple Uses), this rare offering allows for a wide range of permitted uses including small retail, professional offices, daycare, landscaping business, and more, with ample parking and room to expand or build additional structures. The property is within walking distance to shopping, community centre, and parks, making it ideal for both residential and commercial needs. A fantastic logistical location with quick access to surrounding areas - 15 minutes to the lake, beach, and fishing, 15 minutes to Newmarket, 20 minutes to Stouffville and Highway 407, and 35-40 minutes to Toronto. A unique, flexible property in a sought-after area. Priced to sell. Some Photos AI edited.

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,918
Lot Size92 ft x 157.75 ft
mls© NumberN13506772
Listed ByRE/MAX WEST REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,222
Property tax
$327
Heat allowance
$150
Housing costs
$4,699 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $164,980
25-yr amortization

Income needed

$145,000

gross annual household income

Payment at 4%
$3,471 / mo
Cash down
$164,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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