28408 Highway 48 Road

ActiveGeorgina · Virginia4 days on marketMLS® N13864718

$1,899,000

$543 / sq ft

Bedrooms7

Bathrooms9

Interior3,500 sq ft

TypeCommercial

ListingFor Sale

Days on Market4

About this property

Rare investment and redevelopment opportunity on Highway 48 in Georgina. Situated on approximately 4.5 acres with approximately 463 feet of prominent highway exposure, this established mixed use property combines immediate income with substantial long term potential. The main level features established commercial uses, including Circle K convenience store and Coffee Time, while the second floor contains five residential apartments. The building also includes a full basement and is identified as containing 16 rooms, 7 bedrooms, 9 washrooms and 6 kitchens.The large irregular parcel provides excellent visibility, ample on site space and flexibility for an investor, developer or owner user. The property is RU and C2 zoning, together with well and septic services. Subject to confirmation of zoning, servicing, environmental requirements and municipal approvals, the commercially zoned portion may support additional retail or restaurant space, professional or medical offices, a hotel or motel, automotive or fuel related uses, equipment or vehicle sales, commercial parking, storage and other highway commercial opportunities. Located in the Pefferlaw and Virginia area of eastern Georgina, the property benefits from direct Highway 48 access and proximity to growing residential communities, local businesses and the year round attractions of the Lake Simcoe region. This is a distinctive opportunity to acquire an established income producing property with recognizable commercial occupants, multiple residential units, substantial highway frontage and approximately 4.5 acres of land.Financial information is available to qualified buyers upon execution of a confidentiality agreement. Buyers and their representatives are responsible for conducting their own due diligence regarding zoning, permitted uses, servicing, environmental condition, apartment legality, development potential and all applicable approvals.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	N13864718
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	3,500 sq ft
Beds / Baths	7 bed · 9 bath
Property Taxes (2025)	$21,300
Neighbourhood	Virginia
City	Georgina
Postal Code	L0E 1E0
Province	ON
Listed Date	October 5, 2026
Days on Market	4
Price per Sq Ft	$543
Brokerage	EXP REALTY