5387 Main Street
5387 Main Street
$3,999,900
53 days on market
About This Listing
Prime development opportunity in a premium location at the northeast corner of Main Street and Highway 48, at the gateway to Whitchurch-Stouffville. Surrounded by major residential and commercial development, this property offers outstanding exposure and future growth potential. Currently zoned RN5 and designated as Urban Medium Density within the Official Plan. Survey available. Water line and sewer services to the property have already been completed, providing added value and development readiness. Rare opportunity to secure a high-profile site in one of the GTA's fastest-growing communities.
| Monthly Mortgage (P&I) | $17,427 |
| Property Tax (MLS) | $444 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $17,871 |
Down payment: $799,980 (20.0%) · Mortgage: $3,199,920
Property tax uses MLS annual tax of $5,326/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by RE/MAX HALLMARK YORK GROUP REALTY LTD.
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Data last updated: August 23, 2026 at 04:25 a.m.