The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Exceptional 10+ Acre Investment Opportunity With Outstanding Highway 11/Yonge Street Exposure In East Gwillimbury. Strategically located at the northwest corner of Morning Sideroad and Highway 11/Yonge Street, this prominent property offers approximately 835 feet of frontage on Morning Sideroad together with exceptional exposure facing Highway 11, a high-traffic north-south corridor.Importantly, the property is within the area addressed by East Gwillimbury's adopted Official Plan and Complete Communities Secondary Plan, which have been submitted to the Province for review/approval. Provincial approval remains pending.Located within one of East Gwillimbury's evolving growth areas, the property is surrounded by significant planning and development activity. The broader Highway 11/Yonge Street corridor includes multiple active and approved development applications, proposed residential and commercial development, and ongoing infrastructure planning supporting the area's long-term growth.The Complete Communities Secondary Plan process has included participation from a Landowners Group and Technical Advisory Committee as planning continues for future growth areas. The Morning Sideroad/Highway 11 area also forms part of broader transportation and infrastructure planning intended to support future development.Currently zoned Rural (RU). Approximately 10.875 acres with an irregular configuration.A rare opportunity to acquire a substantial, highly visible landholding with exceptional Highway 11 exposure in the path of East Gwillimbury's continued growth. www.eastgwillimbury.ca/en/Planning-and-Development/Planning-Studies/Official-Plan-Review/Adopted-Official-Plan.pdf
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$19,145/mo
Mortgage (principal + interest)$18,705
Property taxFrom listing: $5,286/yr$441
Minimum 20% ($1,000,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$1,000,000
Ontario land transfer taxProvincial brackets, no first-time refund$111,475
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$1,114,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. East Gwillimbury has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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