Home · Buy · Richmond Hill · 588 Edward Avenue 49 & 50, Richmond Hill, ON L4C 9Y6
+ 24 photos
For Sale · Office
588 Edward Avenue 49 & 50, Richmond Hill, ON L4C 9Y6
Richmond Hill · Devonsleigh
Outside/Surface garage
0
Beds
2
Baths
0
Parking
3521 sq ft
Sq ft
—
Built
The honest picture
List price
$1,499,900
Renavu Estimate
—
Benchmark · All homes
$1,310,200
Listed 14% above the Devonsleigh benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
Exceptional opportunity to acquire a professionally finished commercial office condominium totaling approximately 3,521 sq. ft. in one of Richmond Hill's established business parks. Comprised of Units 49 & 50, this turnkey space features a highly efficient layout including reception area, 5 private offices, room for 19 main-level workstations, mezzanine workspace, renovated staff kitchen, 2 washrooms, and 5 reserved parking space. Updated rooftop HVAC unit (2025) and 2 EV charging stations installed under approved Section 98 Agreement. Ideal for engineering, technology, financial services, professional offices, consulting firms, medical administration, and other office users seeking a move-in-ready facility. Excellent access to Highways 404 and 407, Highway 7 transit corridors, and surrounding business amenities. A rare opportunity to acquire a professionally improved office space without the cost and delays associated with a new buildout.
Property details
Listed on
July 16, 2026
Days on market
8 days
Property tax
$9,547.76 (2025)
Heating
Gas Forced Air Closed
Cooling
Yes
MLS®
N13573294
Full details
Parking
GarageOutside/Surface
Property & sold history
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See this home's sale & listing history
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What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 8.3%
$
Down:or type any amount above
This price requires at least 8.3% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$26,473
Legal · title · inspection$2,800
Closing costs$29,273
Down payment$124,990
Total cash to close$154,263
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.