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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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27887 Highway 48 Georgina
For SalePrice DropGeorgina

27887 Highway 48 Georgina, Commercial Retail for Sale

MLS® N12231050

Georgina, ON

508 days on market
$1,499,900
Previously $1,600,000
Show on Map
Show on Map
N/ABeds
2Baths
5Sqft
N/AParking
Commercial Retail

Overview· 27887 Highway 48 Georgina

MLS® #N12231050

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

Broker

RE/MAX REALTY ENTERPRISES INC.

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Walk Score®2Car-DependentCar-Dependent
Transit Score®0No Nearby TransitNo Nearby Transit
Bike Score®26Somewhat BikeableSomewhat Bikeable
Schools—No schools within 1.5 kmNo schools within 1.5 km
Parks201 park within 1 km1 park within 1 km
Convenience172 groceries, cafes and pharmacies within 1 km2 groceries, cafes and pharmacies within 1 km
Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 27887 Highway 48 Georgina

Source: MLS® listing data
27887 Highway 48 Georgina

Commercial Retail

27887 Highway 48 Georgina

Georgina

Built

31-50

Type

Commercial Retail

Parking

Outside/Surface

Property Tax

~$5,234/yr

Heating

Baseboard

Buying Essentials

Square Feet

5 sqft

Parking

Outside/Surface

Finances

List Price

$1,499,900

Price per SQFT

$299,980/sqft

Property Tax

~$5,234/yr

Property Specs

Property Type

Commercial Retail

MLS Size

5 sqft

Age of Building

31-50

Living & Amenities

Heating Type

Baseboard

Policies & Utilities

Neighbourhood

Georgina

Listed On

Jun 18, 2025

Price & Listing History

Days on Market

Current: 508 days

0306090120+

Rooms

Room information is not available for this listing.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$6,033/mo
Property Tax$436/mo
Total Monthly$6,469

Monthly Cash Flow (investors)

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Net Cash FlowN/A

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Estimated closing costs$0
Cash required incl. down payment$0