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Investment signal

$3,790,000

26839 CIVIC CENTRE ROAD

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Beds

Baths

Sqft

Year

Type

Retail

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Georgina (Historic Lakeshore Communities). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Exceptional development opportunity in the growing community of Georgina. Secure a prime location in one of York Region's fastest-growing corridors with this 3.79-acre development-ready parcel at 26839 Civic Centre Road, offering a wide range of permitted uses. The property features full municipal services at the property line (water, sewer, and gas), along with zoning that allows for high-demand uses, including but not limited to, public storage, place of worship, seniors/retirement care, hospital/medical facilities, schools, and other industrial/institutional development-providing flexibility for developers and end users alike. The site is actively progressing through Site Plan Approval for a 248-unit self-storage facility across three proposed buildings. With much of the heavy lifting already underway, this significantly reduces entitlement risk and development timelines. With approximately 43,000+ sqft of buildable area, this property presents a strong investment opportunity for investors seeking scale, visibility, and long-term growth in an emerging market. Strategically located beside the Township's new $54 million municipal headquarters and the popular high-traffic ROC Recreation Complex, the site offers exceptional exposure, accessibility, and long-term upside. Georgina continues to experience significant population growth and infrastructure investment, driving increased demand for commercial development and services. With key planning and entitlement work already in progress, this property offers a clear path to execution. This is a rare opportunity to secure a future-proof, strategically located asset and be part of Georgina's next phase of growth and transformation. (id:65958)

Subtype
Retail
Community
Historic Lakeshore Communities
Living area
4
Lot size
3.79 acres
Lot dimensions
3.79
On market
Apr 15, 2026
Status changed
Apr 16, 2026
Annual tax
$8,072.39
Zoning
Institutional
Photos
30
MLS#
N13000080
Area
GEORGINA_(HISTORIC_LAKESHORE_COMMUNITIES)

Features and systems

Heating

Other

Cooling

None

Lot

Irregular lot size
Negative cash flow ~$3,915/mo at these assumptions

Cash on cash

-6.20%

Cap rate

3.62%

GRM

16.7

Break-even rent

$23,071

Financing

Down payment$758,000
Loan amount$3,032,000
Mortgage$15,363/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,737
Insurance$80
Maintenance$3,158
CapEx reserve$1,579
Vacancy loss$948

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $15,363/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.

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