For saleMLS® N12880728

23721 Highway 48, Georgina, ON L0E 1A0

Baldwin, Georgina · Near Highway 48 and Miles Rd · View map

$5,888,000
10.65Sq ft
Commercial retailType
Outside/SurfaceGarage
NoneParking
$37,817/yrTaxes
$5,888,000
FreeholdNo monthly condo fee
Outside/Surface garageFrom the listing
Lot 706.9 x 611.7 ftThe land comes with the home

About this home

A Great Commercial Opportunity on Highway 48, with an excellent exposure and an enormous amount of opportunities for present and future use. Baldwin Plaza consist of 10.65 Acres with 38.234 sq. ft of rented space with an amazing return, with 9 tenants ( the last unit of 3200 sq ft was just rented for a 10 year term ) varying from National Coffee Shop to Restaurants, Convenient Store, Gym, Motel and a significant amount of parking and extra space that could possibly be used in the future. In the sale of the property it is also included the 7090 sq ft Motel Business, with 19 rooms most of them renovated. None of the other businesses or any chattels belonging to the tenants are included in the purchase price.

The home

Type
Commercial retail
Square footage
10.65 sq ft
Lot size
706.9 x 611.7 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Security
Partial

Heating & cooling

Heating type
Propane Gas
Air conditioning
Yes

Garage & parking

Garage
Outside/Surface
Total parking
None

Taxes & other

Property taxes
$37,817/yr
Tax year
2025
Occupancy
Owner+Tenant
Possession
30/60 or TBA
Cross street
Highway 48 and Miles Rd
Neighbourhood
Baldwin

More

MLS® number
N12880728

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$26,902per month, all in
  • Mortgage
  • Property tax

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    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    23721 Highway 48 N/A, Georgina, ON L0E 1A0

    Baldwin, Georgina · Near Highway 48 and Miles Rd

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    Sold history

    Listing history for 23721 Highway 48 N/A

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 23721 Highway 48

    Answers come straight from this home’s MLS® listing.

    How much is 23721 Highway 48 listed for, and what would it cost each month?

    23721 Highway 48 is listed for $5,888,000. With 20% down ($1,177,600), the mortgage payment would be roughly $23,751 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $26,902 a month, all in. That figure is an illustration, not a quote.

    Is 23721 Highway 48 freehold or a condo, and is there a monthly fee?

    23721 Highway 48 is a commercial retail in Baldwin, Georgina. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 23721 Highway 48 have a garage and parking?

    Yes. The listing shows the garage as outside/surface. The listing does not include a parking space.

    What style of home is 23721 Highway 48?

    23721 Highway 48 is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 23721 Highway 48, and what is the lot size?

    The lot is listed as 706.9 x 611.7 ft.

    How is 23721 Highway 48 heated and cooled?

    Heating is propane gas. Cooling is yes.

    What are the property taxes for 23721 Highway 48?

    Property taxes are $37,817 a year (2025), or about $3,151 a month.

    Where is 23721 Highway 48?

    23721 Highway 48 is in the Baldwin community of Georgina. The nearest main intersection is Highway 48 and Miles Rd. The postal code is L0E 1A0.

    Is 23721 Highway 48 still for sale?

    Yes. It is an active listing (MLS® N12880728). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 23721 Highway 48 asking?

    Similar properties for sale nearby right now include 23718 Highway 48 at $7,599,999, 4992 Baseline Road at $5,999,999 and 4992 Baseline Road at $5,999,999. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 23721 Highway 48 N/A sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 23721 Highway 48?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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