$6,490,000 - 17365 Hwy 48 N/A, Whitchurch-Stouffville
Commercial for Sale in Whitchurch-Stouffville
31 days on marketNeighbourhood: Rural Whitchurch-Stouffville
- MLS Number
- N13601056
- Property Type
- Commercial
- Status
- active
- Days on Site
- 31
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 51 sqft
- Neighbourhood
- Whitchurch-Stouffville
- Lot Size
- 51 sqft
- Listing Brokerage
- BAY STREET GROUP INC.
Prime Investment Opportunity! Discover approximately 50.80 acres (per MPAC) of exceptional land in the highly desirable Whitchurch-Stouffville corridor. Ideally located on Highway 48, just minutes to Stouffville, Markham, Aurora, Newmarket, Uxbridge, and with quick access to Highways 404 & 407, this rare offering combines outstanding location, versatility, and long-term potential. | The property is currently leased for farming, offering potential tax advantages while generating agricultural use. Zoned Oak Ridges Moraine - Countryside (ORM-C), Environmental (ENV), and Oak Ridges Moraine - Natural Core (ORM-NC), the property may permit a variety of uses, including agricultural uses, accessory farm dwelling units, accessory residential units, farm produce sales outlets, farm vacation homes, plant nurseries, home industries, home occupations, low-intensity recreational uses, bed & breakfast establishments, forestry management, private home daycare, single detached dwelling, and more, subject to municipal planning policies and approvals. | Situated just minutes from the redesignated 15400 Highway 48 Mixed-Use Hub, this property is positioned within one of York Region's evolving growth corridors. Its strategic location offers outstanding long-term land banking and investment appeal, with the possibility of future planning and zoning changes, subject to municipal planning policies and approvals. | Surrounded by golf courses, lifestyle communities, and expanding urban amenities, this is a rare opportunity to secure a significant land holding close to the GTA. Whether you are looking to expand your agricultural operation, build a private country estate (subject to approvals), or add a premium long-term investment to your portfolio, this exceptional property offers remarkable flexibility and future potential. This is more than a real estate acquisition. A truly rare opportunity not to be missed. Own Today. Benefit Tomorrow. Come and stay today!
Estimate your monthly payments for this property
Estimated Payment
$28,707.46/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Rural Whitchurch-Stouffville
Rural Whitchurch-Stouffville is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Rural Whitchurch-Stouffville
- •Convenient location in Whitchurch-Stouffville
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Rural Whitchurch-Stouffville offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
17365 Hwy 48 N/A, Whitchurch-Stouffville
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Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
At $127,255/sqft, this is priced in the upper range for GTA commercial — typical for prime locations or newer buildings. Commercial values are highly location- and zoning-dependent, so comparable sales analysis is essential. I'll pull recent commercial comps for you.
Commercial Market Pace
Commercial real estate transactions typically take 60–120 days from offer to close — longer than residential — due to financing conditions, environmental reports, and tenant estoppel reviews. This 31-day listing is within normal commercial market exposure.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in Whitchurch-Stouffville transactions.