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Home · Buy · Richmond Hill · 588 Edward Avenue 49 & 50, Richmond Hill, ON L4C 9Y6
588 Edward Avenue 49 & 50, Richmond Hill, ON L4C 9Y6
588 Edward Avenue 49 & 50, Richmond Hill, ON L4C 9Y6
588 Edward Avenue 49 & 50, Richmond Hill, ON L4C 9Y6
588 Edward Avenue 49 & 50, Richmond Hill, ON L4C 9Y6
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
◷61 days on market
Outside/Surface garage
▶ Virtual Tour
—
Beds
2
Baths
—
Parking
3521 sq ft
Sq ft
—
Built

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
61 days
Property tax
$9,547.76 (2025)
Heating
Gas Forced Air Closed
Cooling
Yes
MLS®
N13573294

Full details

Parking
GarageOutside/Surface

Property & sold history

Listing history
Date StartDate EndPriceStatusListing ID
July 16, 2026—$1,499,900For SaleN13573294
🔒

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Comparables

Gathering recent comparable sales nearby…

Run the numbers

True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
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$299,980
Total cash to close$329,253
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.
$1,499,900
MLS® N13573294 · Listed by COLDWELL BANKER THE REAL ESTATE CENTRE
▶ Virtual Tour
Call The Renavu Team
Shan Perinpanathan
Shan Perinpanathan
Real Estate Broker, ABR, SRS
416.655.4040
Pam Thiyagarajah
Pam Thiyagarajah
Sales Representative
416.436.0546
Ragu Rajaguru
Ragu Rajaguru
Real Estate Broker
416.712.2006
One team. No spam. We reach out once — when you ask.

Listing courtesy of COLDWELL BANKER THE REAL ESTATE CENTRE. Presented by Royal LePage Ignite Realty, Brokerage. Data provided by TRREB — deemed reliable but not guaranteed; for consumers' personal, non-commercial use. Listing information last updated July 28, 2026.

$1,499,900

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Neighbourhood market

The Devonsleigh market

How homes are selling here right now — sold data for July 2026.

Seller's marketAll home types in Devonsleigh · 30 sales over 3 months
Buyer'sBalancedSeller's

Homes in Devonsleigh are selling in about 29 days, typically at 100.8% of asking. Expect competition and little room to negotiate.

Median sold · Devonsleigh
$1,340,000
▲ 6.3% year over year
Homes sold · this month
10
41 days on market avg
Sold vs asking
96.9%
under asking — room to negotiate
Other median · Richmond Hill
—
12-month trend
See the full Richmond Hill market report →

Aggregate TRREB sold data. Neighbourhood figures with only a handful of sales are held back so no single sale is identifiable.

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Comparables

Homes near 588 Edward Avenue 49 & 50, Richmond Hill, ON L4C 9Y6
Sold🔒 Sold:
bed bath parking
sq ft km
Detached
Address shown after sign-in
See what it sold for →
Sold🔒 Sold:
bed bath parking
sq ft km
Detached
Address shown after sign-in
See what it sold for →
Sold🔒 Sold:
bed bath parking
sq ft km
Detached
Address shown after sign-in
See what it sold for →
Sold🔒 Sold:
bed bath parking
sq ft km
Detached
Address shown after sign-in
See what it sold for →
Sold🔒 Sold:
bed bath parking
sq ft km
Detached
Address shown after sign-in
See what it sold for →
Sold🔒 Sold:
bed bath parking
sq ft km
Detached
Address shown after sign-in
See what it sold for →
🔒

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