19113 Highway 48, East Gwillimbury, ON

Mt Albert, East Gwillimbury · MLS® N13506772

$824,900
For Sale
Listed 111 days agoNo offer date statedSitting longer than typical
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3+1Bedrooms
2Bathrooms
1.5Garage · 9 parking
1100-1500Sq ft

About this home

In short

  • RARE FIND IN THE HEART OF MOUNT ALBERT.
  • Beautifully renovated solid brick bungalow 3+1 bedrooms and 2 full bathrooms, offering a unique opportunity to live, work or invest.
  • Set on a generous 92 x 157.75 ft lot along high-visibility Highway 48, this versatile property features a bright, open-concept layout with a renovated kitchen...
  • Ample parking and flexible C3 zoning (multiple use)offer exciting possibilities for residential, professional office, retail and other permitted uses.
  • Located just minutes north of Stouffville, within walking distance to shopping, parks and the community centre, with easy access to Newmarket and Highway 407.

RARE FIND IN THE HEART OF MOUNT ALBERT! Beautifully renovated solid brick bungalow 3+1 bedrooms and 2 full bathrooms, offering a unique opportunity to live, work or invest! Set on a generous 92 x 157.75 ft lot along high-visibility Highway 48, this versatile property features a bright, open-concept layout with a renovated kitchen, granite countertops, centre island and walkout to a large deck. Ample parking and flexible C3 zoning (multiple use)offer exciting possibilities for residential, professional office, retail and other permitted uses. Ideal for families, entrepreneurs or investors! Located just minutes north of Stouffville, within walking distance to shopping, parks and the community centre, with easy access to Newmarket and Highway 407. A rare combination of location, lifestyle and business potential - MUST SEE! Some Photos AI edited.

Key facts

Property type
Detached, Bungalow
MLS®
N13506772
Bedrooms
3+1 (4 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
92 × 157.75 ft
Cross streets
Highway 48 & Mt. Albert Rd.
Parking
1.5 garage · 9 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$3,918 / 2025
Days on market
111
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

Bedroom 4Basement3.05 × 3.66 m

ceramic floor · closet

Living RoomMain4.84 × 3.84 m

open concept · picture window · laminate

KitchenMain4.57 × 3.05 m

open concept · stainless steel appl · w/o to deck

RecreationBasement7.92 × 8.53 m

Broadloom

Bedroom 2Main3.38 × 3.12 m

3 pc ensuite · closet · laminate

Utility RoomBasement3.66 × 4.27 m

Ceramic Floor

Bedroom 3Main3.51 × 2.45 m

4 pc bath · closet

Bedroom 2Main3.08 × 3.08 m

closet · window

Dining RoomMain4.84 × 3.49 m

open concept · window · laminate

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Mt Albert · asking prices
$874kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $542/sqft; this home lists at $635/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
825kThis home850k900k749k999kThis home vs active comparables

Neighbourhood & location

Mt Albert, East Gwillimbury, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Rural East Gwillimbury
$2.19M
Sharon
$1.55M
Queensville
$1.35M
Holland Landing
$1.20M

Typical asking price of active listings of the same type, per area (outliers removed). East Gwillimbury.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$3,760/mo
$157KIncome needed
5.3×Price ÷ income
$868Weekly cost
$12,973Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

92%mortgage
Mortgage $3,760Property tax $327Total carry $4,086

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,649per month

Mortgage amount $659,920 · 4.49% over 25 years

$164,980Down payment (20.0%)
$659,920Loan before insurance
$0CMHC premium
$3,975Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,649
Property tax
$327
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,975

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$12,973
Estimated closing costs
$12,973

Plus your down payment of $164,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,416/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$434,723Total interest paid
$1,094,643Total of all payments
Principal $659,920 Interest $434,723
YearPrincipalInterestBalance
1$14,727$29,059$645,193
2$15,395$28,390$629,798
3$16,094$27,691$613,704
4$16,825$26,961$596,879
5$17,589$26,197$579,290
6$18,388$25,398$560,902
7$19,222$24,563$541,680
8$20,095$23,691$521,585
9$21,008$22,778$500,577
10$21,961$21,824$478,616
11$22,959$20,827$455,657
12$24,001$19,785$431,656
13$25,091$18,695$406,566
14$26,230$17,556$380,336
15$27,421$16,365$352,915
16$28,666$15,120$324,249
17$29,967$13,818$294,282
18$31,328$12,458$262,954
19$32,750$11,035$230,203
20$34,237$9,548$195,966
21$35,792$7,994$160,174
22$37,417$6,369$122,757
23$39,116$4,670$83,641
24$40,892$2,894$42,749
25$42,749$1,037$0

At the end of your 5-year term

Total paid over the term
$218,929
Principal paid down
$80,630
Interest paid
$138,299
Balance remaining
$579,290

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,300/mo
$27,600Gross annual rent
2.3%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.3%
Gross yield
− Property tax $3,918− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $19,246

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX WEST REALTY INC.. MLS®/PropTx.

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