4687 Herald Road, East Gwillimbury, ON
Property Highlights
Welcome to this remarkable farm located in the coveted neighborhood of Rural East Gwillimbury. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 1 Bathroom
- Premium 1327 x 1665 ft lot size
- equipped with yes central cooling and highly efficient propane gas heating
Description
Secluded 43 Acre With Possible Income Producing Oportunities. 15 minutes to downtown Newmarket. Property Includes Two Out Buildings. First 10300 sqft Building Has14ft Ceiling. Many Potential Uses. Ideal For Hobby Farm/Tree/Landscaper/Equipment Storage And Repair. Currently Used As A Riding Arena. The Second Building Has A 1400sqft Ground Floor Plus Second Floor. Property Also Has A One Bedroom House That Has Many Recent Updates Including Decking, Siding, Furnace & Air Conditioning. 1 Bedroom House Currently Serving As A Office/Living Area Ideal property To Build An Estate Home. Current Owner Has Site Plan And Architectural Drawings Ready To Submit To The Town For Approval. Also Second Driveway Has Been Added To Secluded Dream Home Site! This property Is A Must See.
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Pricing & Value Insights
Data-driven valuation for 4687 Herald Road, East Gwillimbury, ON L0G 1M0
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About Purchasing a Home in East Gwillimbury, ON
For a property listed at $2,499,000 in East Gwillimbury, the legal minimum down payment is $499,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $48,950 for this transaction. As this listing is in East Gwillimbury (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $48,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.