21405 Highway 48 N/A, East - Sold for $750,000 | Modern Solution Realty

21405 Highway 48 N/A, East

21405 Highway 48 N/A in East - 5 bedroom, 3 bathroom. Sold for $750,000. Listed at $800,000.

Rare Opportunity on 2 Acres Backing onto Regional Forest | Sold As-Is. Set on approximately 2 acres of cleared land and surrounded by protected regional forest, this brick ranch-style bungalow presents an exceptional opportunity for renovators, investors, or buyers looking to create a custom rural retreat. Located on a quiet major road between a national forest and an established RV park, this private corner lot offers outstanding future potential. The home features a walk-out basement with a self-contained lower-level suite, ideal for extended family living or income potential once renovated. The main level offers a spacious layout with an open kitchen concept, large living area overlooking the expansive backyard, three bedrooms and two bathrooms. The lower level includes two bedrooms, one bathroom, and a separate living area with walk-out access. Enjoy abundant natural light with four walk-out patio doors leading to a full-width rear deck, perfect for entertaining and enjoying the peaceful surroundings. Additional features include a long paved 175-ft driveway, double car garage, a natural spring-fed pond, geothermal heating (single hydro bill), 75-ft well, and septic system. Plumbing and electrical are already in place, and a new kitchen with appliances is ready for installation, allowing the buyer to complete renovations to their own taste. Zoned rural residential, this property offers flexibility and long-term value. Property is being sold strictly in "as-is, where-is" condition. Seller makes no representations or warranties of any kind regarding the condition of the property. A unique fixer-upper with strong investment and lifestyle potential.

Property Details

  • Property Type: Mortgage
  • Style: Bungalow
  • Square Footage: 1750 sqft
  • Basement: Apartment
  • Heating: Oil
  • Cooling: Central Air
  • Parking: 10 spaces
  • Property Taxes: $4,887/yr
  • Neighbourhood: Rural East Gwillimbury
  • Postal Code: L0G 1M0

See more sold prices and current listings with Modern Solution Realty. 1% commission listing services available.