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$2,398,000Asking Price

22080 Highway 48, East Gwillimbury, ON L0G 1M0

Rural East Gwillimbury, East Gwillimbury

Detached
3 + 2
Bedrooms
2
Baths
12
Parking
Days on Market

A rare opportunity to own a versatile and income-generating property in East Gwillimbury! Set on nearly 6 cleared acres with 658 feet of frontage, this unique estate features two separate dwellings, each equipped with their own home standby generator, hydro service, well, septic system, and propane tank offering complete self-sufficiency and peace of mind. The main residence is a well-maintained 3-bedroom side-split with spacious living areas and an attached two-car garage. The second dwelling is a generous 5-bedroom bungalow, ideal for large or extended families, guest accommodations, or rental income. Between the two homes, a hardscaped driveway adorned with armored stone and raised garden beds adds beauty and structure to the landscape. The bungalow features an extended 10+ ft overhang porch, perfect for covered parking on one side and creating a cozy outdoor lounge area on the other. Whether you're sipping your morning coffee or relaxing with patio furniture, you'll enjoy the peaceful surroundings and frequent visits from songbirds and local wildlife. Its not unusual to spot deer gracefully passing through the backyard, leaping and playing in the open space a truly heartwarming sight that makes this property feel like your own private nature retreat. Also included is a massive 35 x 45 workshop, upgraded with 600V industrial power service, perfect for high-powered hobbies, equipment use, or as a rentable commercial space for extra income. Whether you're dreaming of a hobby farm, year-round snowmobiling on your own land, or simply enjoying the privacy and space of rural living just minutes from Highway 404, this property has it all. Live in one home, rent the other, while generating income. A truly versatile property with limitless potential.

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A rare opportunity to own a versatile and income-generating property in East Gwillimbury! Set on nearly 6 cleared acres with 658 feet of frontage, this unique estate features two separate dwellings, each equipped with their own home standby generator, hydro service, well, septic system, and propane tank offering complete self-sufficiency and peace of mind. The main residence is a well-maintained 3-bedroom side-split with spacious living areas and an attached two-car garage. The second dwelling is a generous 5-bedroom bungalow, ideal for large or extended families, guest accommodations, or rental income. Between the two homes, a hardscaped driveway adorned with armored stone and raised garden beds adds beauty and structure to the landscape. The bungalow features an extended 10+ ft overhang porch, perfect for covered parking on one side and creating a cozy outdoor lounge area on the other. Whether you're sipping your morning coffee or relaxing with patio furniture, you'll enjoy the peaceful surroundings and frequent visits from songbirds and local wildlife. Its not unusual to spot deer gracefully passing through the backyard, leaping and playing in the open space a truly heartwarming sight that makes this property feel like your own private nature retreat. Also included is a massive 35 x 45 workshop, upgraded with 600V industrial power service, perfect for high-powered hobbies, equipment use, or as a rentable commercial space for extra income. Whether you're dreaming of a hobby farm, year-round snowmobiling on your own land, or simply enjoying the privacy and space of rural living just minutes from Highway 404, this property has it all. Live in one home, rent the other, while generating income. A truly versatile property with limitless potential.

Key Info

  • Other Detached
  • 10-Car Driveway
  • 2-Car Attached Garage
  • Hwy 48 & Ravenshoe
  • Finished Basement
  • 1 Kitchen
  • Forced Air Propane Heating
  • Central Air

Property

  • Lot Size 658.85 x 378.24 Feet
  • 5-9.99 Acreage
  • Aluminum Siding/Brick Exterior
  • Taxes were $7,050 in 2024

Details

  • Fireplace
  • Family Room
  • Septic Tank
  • Well Water
  •  
  • MLS #N12056554
  • HOMELIFE CLASSIC REALTY INC.

Extras

Room Floor Dimensions Details
1 Kitchen Main 17.95' x 9.94' Slate Flooring, Walkout To Deck
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 3-Piece Bathroom on Upper

Who lives here?

Rural East Gwillimbury, East Gwillimbury is a north GTA neighbourhood notable for its university grads and executives. It has a higher than average population of immigrants. Residents tend to be younger with a significant number of adults aged 25 to 49.

Families

Kids Per Family

1.2

kids per family
in the neighbourhood.

East Gwillimbury  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

36% of residents are
single and loving it.

36% singles

East Gwillimbury (36%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

10% of residents
are renters.

10% renters

East Gwillimbury (11%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

30% of residents are
university grads.

30% university grads

East Gwillimbury (29%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$144K

is the average household
income in the neighbourhood.

East Gwillimbury  ($148K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 13%
Business 12%
Management 10%
Trades 9%
Government 7%

Immigrants

27% of residents were
born outside of Canada.

27% immigrants

East Gwillimbury (19%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

UK was once home to 3.0% of immigrants.
China 2.6%
Iran 1.7%
Sri Lanka 1.0%
Hong Kong 1.0%

3.0% from UK
All-time

Birthplace - Recent

China was once home to 1.5% of immigrants.
Iran 1.0%
Moldova 0.6%
Russia 0.5%
South Korea 0.4%

1.5% from China
Recent

Foreign Languages

Foreign Languages

Russian 4%
Mandarin 3%
Persian 2%
Cantonese 2%
Italian 1%

Religions

Religions

Christian 66%
Buddhist 2%
Muslim 2%
Jewish 1%