27887 Highway 48
Georgina, ON
- 2 bath
- 5 sqft
- Commercial Retail
- 440 days on market
Prime 5-Acre Commercial Property~C2 Zoning.This rare 5-acre parcel presents an exceptional opportunity for a wide range of commercial developments with its flexible C2 zoning. Perfectly suited for professional offices, medical clinics, veterinary hospitals, garden centers, restaurants, service shops, or retail stores, this site is ready to bring your vision to life.The property includes a 2,192 SQFT bungalow that offers excellent potential for conversion into office space or, with the separate side-entrance basement walkout, a rental duplex for additional income. Extensive on-site parking ensures convenience for customers and service vehicles, while existing structures can be repurposed to accelerate development with minimal startup costs. Zoning permits a diverse array of commercial uses, including: 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, Rental storage, 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 benefits from year-round visibility and a notable seasonal increase in traffic during cottage months. With the upcoming Hwy 404 extension set to improve accessibility, this property represents a smart long-term investment in a rapidly growing corridor.SEE ATTACHED ZONING CHART
Listing Details
- Taxes (2024)
- $5,234
- Originally Listed
- $1,750,000
- Listed
- June 18, 2025
Price History
Listing history
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Property
- Age
- 31-50
- Lot Size
- 325.15 x 671.15 Feet
Parking
- Garage
- Outside/Surface
Utilities
- Water
- Drilled Well
- Sewer
- Sanitary
Location & Legal
- Cross Street
- Hwy 48 & Park Rd
- Zoning
- C-2
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Other
- Office / Apartment Area
- 2192 Sq Ft
Included
- Rental Items
- Hot Water Tank
Community
Postal area L0E
- Population
- 21,898
- Private dwellings
- 10,072
- Median age
- 46.8
- Average household size
- 2.5
- Median household income
- $90,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Georgina · last 12 months
- Median sold price
- $780,000
- Homes sold
- 621
- Median days on market
- 23
- Sale-to-list price
- 96.8%
Based on 621 recorded sales of commercial properties in Georgina over the last 12 months.
Listed by
RE/MAX REALTY ENTERPRISES INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Annual property tax
- $5,234
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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