18061 Highway 48, East Gwillimbury, ON
Mt Albert, East Gwillimbury · MLS® N13822796
About this home
In short
- If you've been dreaming about trading neighbours and noise for trees, privacy, and room to breathe, this is the kind of property that makes country living hard to resist.
- Set well back from the road on 1.81 beautifully treed acres in East Gwillimbury, this 3-bedroom, 3-bathroom home offers a setting that feels peaceful and private from...
- Upstairs, three bedrooms provide comfortable private spaces; the bathrooms have been completely renovated to create a spa-like experience, including new showers, a...
- Unfinished attic space above the garage offers approximately 420 sq. ft. of finishable space with potential for additional living space or a bedroom.
- With a 2-car garage, 1.81 acres to call your own and all the beauty of country living while still being close to everyday conveniences.
If you've been dreaming about trading neighbours and noise for trees, privacy, and room to breathe, this is the kind of property that makes country living hard to resist. Set well back from the road on 1.81 beautifully treed acres in East Gwillimbury, this 3-bedroom, 3-bathroom home offers a setting that feels peaceful and private from the moment you arrive. Inside, the home has warmth, character and plenty of space to enjoy. Large windows throughout bring in incredible natural light and stunning views of the surrounding trees, while wood details and an open staircase add to the relaxed, inviting feel. The kitchen offers plenty of workspace and room to gather, with living and dining areas that make everyday life and entertaining equally easy. Upstairs, three bedrooms provide comfortable private spaces; the bathrooms have been completely renovated to create a spa-like experience, including new showers, a sauna, a soaker tub and beautiful finishes. Unfinished attic space above the garage offers approximately 420 sq. ft. of finishable space with potential for additional living space or a bedroom. Outside is where you'll really understand what makes this property special. Multiple decks and outdoor sitting areas are tucked among mature trees and established gardens, giving you endless places to have your morning coffee, host friends or simply sit outside and listen to absolutely nothing. There's space to wander, space for the dog to run, and the kind of privacy that's becoming increasingly difficult to find. Concrete insulated partial basement provides for a dry storage area. With a 2-car garage, 1.81 acres to call your own and all the beauty of country living while still being close to everyday conveniences. You're a short drive from shopping, Costco, groceries, restaurants and other everyday conveniences. The EG GO Train and Hwy 404 are also just minutes away, making it easy to stay connected while coming home to something that feels completely removed from it all.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13822796
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 149.88 × 525.97 ft
- Cross streets
- Highway 48 & Herald Rd
- Parking
- 2 garage (attached)
- Driveway
- Private
- Basement
- Partial Basement
- Heating
- Forced Air
- A/C
- None
- Exterior
- Stucco (Plaster), Wood
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Property tax
- $4,609 / 2026
- Days on market
- 25
- Listing brokerage
- REAL BROKER ONTARIO LTD.
Rooms
w/o to deck · his and hers closets · pot lights
w/o to deck · open concept
w/o to patio · large window · open concept
stainless steel appl · w/o to deck · eat-in kitchen
double closet · large window
2 pc bath · access to garage · large window
double closet · large window
combined w/kitchen · w/o to deck
Listed at $1,299,000. Going by how homes in Rural East Gwillimbury and the wider GTA have actually closed against their asking prices (about 96%, 8 local closings in 90 days), the likely sale price is near $1.25M, if it sells. A realistic range is $1.17M to $1.41M.
Independent value check: $1.07M. Without looking at the asking price, our model values the home itself about 18% below the ask (homes like it typically land between $1.00M and $1.12M).
Why $1.07M. The typical detached home sold in Rural East Gwillimbury over the past year went for about $958K (64 sales). What sets this one apart:
- ▲ Raises it stronglyIts lot is 150 by 526 ft; the typical lot sold here is 50 by 129.
- ▲ Raises itIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,500 to 2,000.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $1.25M, from 8 recent closings in this pocket.
The market behind the math:
About 2.3 months of inventory: 6 detached homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $577/sqft against an area asking average of $670/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $984K. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($577/sqft) is below the area, so you are paying for extra space rather than a premium.
Based on 8 comparable homes that sold in Rural East Gwillimbury over the past two years, from 73 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $569/sqft; this home lists at $577/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in East Gwillimbury: $1.15M in September 2026, down 10% from a year ago, on 306 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. East Gwillimbury as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.27M | 25 |
| November 2025 | $1.25M | 34 |
| December 2025 | $1.25M | 20 |
| January 2026 | $1.03M | 15 |
| February 2026 | $1.24M | 26 |
| March 2026 | $1.14M | 25 |
| April 2026 | $1.10M | 29 |
| May 2026 | $1.10M | 25 |
| June 2026 | $1.18M | 26 |
| July 2026 | $1.16M | 31 |
| August 2026 | $1.05M | 25 |
| September 2026 | $1.15M | 25 |
Neighbourhood & location
Mt Albert, East Gwillimbury, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $1,039,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,746
- Property tax
- $384
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,130
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,455
- Estimated closing costs
- $22,455
Plus your down payment of $259,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $344,755
- Principal paid down
- $126,971
- Interest paid
- $217,784
- Balance remaining
- $912,229
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 17 whole-home leases in Rural East Gwillimbury signed at a median of $3,560 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,359. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REAL BROKER ONTARIO LTD.. MLS®/PropTx.