Was listed for:Terminated Apr 14, 2026
$1,288,000

27887 Highway 48

Georgina (Baldwin), ON L0E 1R0

Detached House TerminatedNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 27887 Highway 48, Georgina, Baldwin

2026-03-23
2026-04-14
Terminated
Price
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MLS#
n12916074
2025-02-21
2025-06-04
Terminated
Price
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2024-05-16
2025-02-14
Terminated
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 27887 Highway 48, Georgina, Baldwin

Summarized Description

  • Prime 5-acre development opportunity with C2 zoning.
  • Includes a 2,192 SQFT bungalow for repurposing.
  • Extensive on-site parking for customer access.
  • Located on a high-traffic section of Hwy 48.
  • Zoning allows various commercial uses.
  • Upcoming 404 extension enhances accessibility.
  • Significant seasonal traffic increase during cottage months.
  • Smart long-term investment in a growing area.

Prime Residential/Commercial Development Opportunity - C2 Zoning on 5 Acres. This 5-acre parcel offers exceptional potential with C2 commercial zoning, allowing for a wide range of non-residential uses. Whether you're planning a professional or business office, medical clinic, veterinary hospital, garden center, restaurant, service shop, or retail store, this site is ready to support your vision. Property also Incl 2,192 SQFT Bungalow. The property boasts extensive on-site parking, ideal for businesses requiring customer or service vehicle access. With existing structures that could be repurposed as office space or support facilities, development can begin quickly with minimal startup costs. Zoning permits numerous commercial uses including but not limited to:-Business or professional office-Catering or food service-Health care, clinic, or veterinary/animal hospital-Equipment sales or rental-Funeral home-Garden center or nursery-Mechanical or automotive garage-Motor vehicle sales or service-Restaurant or café-Retail or service shop-Truck terminal and related operations. Strategically located on a high-traffic section of Hwy 48, the site offers year-round visibility and a significant seasonal traffic boost during cottage months. With the upcoming 404 extension set to enhance accessibility and drive even more growth in the area, this is a smart long-term investment in a rapidly expanding corridor.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,234
Land Transfer Tax Fee
$22,235

Basement Type
Full, Separate Entrance, Unfinished

Interior Features

Laundry Level
Main Level
Interior Extras
None
View
Clear
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Backs On Green Belt, Deck, Year Round Living
Pool
None

Building

Building Type
Detached
Building Style
Bungalow
Approx Age
31-50

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
325.15 ft
Lot Depth
671.15 ft
Lot Shape
Rectangular

Parking & Garages

Garage Type
Attached
Garage Spaces
1
Parking Spaces
10
Total Garage And Parking Spaces
11

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
None
Water
Well
Sewers
Holding Tank

Bedrooms
3
Washrooms
2
Kitchens
1

Room sizes

  • Kitchen—
    Main level
  • Dining Room—
    Main level
  • Living Room—
    Main level
  • Primary Bedroom—
    Main level
  • Bedroom 2—
    Main level
  • Bedroom 3—
    Main level
  • Laundry—
    Basement level
  • Recreation—
    Basement level

Washrooms

  • 3-piece, Main
  • 4-piece, Main

Municipality
Georgina
Neighbourhood
Baldwin
Main cross streets
Hwy 48 & Park Rd
Directions
Hwy 48 & Park Rd

MLS® number
N12916074
Data source
Toronto Regional Real Estate Board
Status change
2026-04-14
Listed on
2026-03-23
Days on market
22 days
Possession date
2026-04-21
Possession type
30-59 days
Co-op commission
2.5% + HST
Seller
Listed by
RE/MAX REALTY ENTERPRISES INC.

Home Market Value

Current home valuation for 27887 Highway 48, Georgina, Baldwin, Georgina, ON. Listed for $1,288,000

HOMEH Estimate

?

$1,199,523

Estimated Sales Range

?

$719,714 - $1,679,332

HOMEH Estimate for 27887 Highway 48, Georgina, Baldwin

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$1,199,523Low confidence
Based on 3 comparable properties
+ $88,477 (7%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Georgina, ON
Minimum Down Payment Required:8.1%

5% on first $500K + 10% on $788,000 over $500K

Minimum down payment

$103,800

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$47,347$35,935$30,654$0
=Total mortgage
$1,231,019$1,195,135$1,125,454$1,030,400
Amortization
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%
%
%
Payment frequency
=Mortgage payment
$6,010monthly$5,835monthly$5,495monthly$5,031monthly
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Land Transfer Tax

Provincial

$22,235

Total Land Transfer Tax

$22,235

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