49 & 50 - 588 EDWARD AVENUE, Richmond Hill (Devonsleigh)

$1,499,900

For sale: Other

Other at 49 & 50 - 588 EDWARD AVENUE, Richmond Hill (Devonsleigh)
Property type
Office
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® N13573294
Neighbourhood
Devonsleigh

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.

Sold data

Homes in Richmond Hill (Devonsleigh) — recent sold market

Homes in Richmond Hill (Devonsleigh) took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 51, across 533 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.

The median sale price was $1,128,800.

Homes sold for about 3.2% below asking on average, so there was room to negotiate.

About 24% of sales closed above the list price.

Around 16% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$1,128,800
Sale-to-list ratio
96.8%
Sold above asking
24%

Based on 533 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Richmond Hill (Devonsleigh)

Richmond Hill (Devonsleigh) has 43 Fraser Institute–rated schools (35 elementary and 8 secondary), averaging 7.5/10.

Rated schools
43
Elementary
35
Secondary
8
Average rating
7.5 / 10

Top-rated schools in Richmond Hill (Devonsleigh)

  • Corpus Christielementary, Richmond HillFraser rating 10.0/10
  • St. Therese of Lisieuxsecondary, Richmond HillFraser rating 10.0/10
  • Silver Streamelementary, Richmond HillFraser rating 9.3/10
  • St Charles Garnierelementary, Richmond HillFraser rating 9.3/10
  • Bayviewsecondary, Richmond HillFraser rating 9.2/10
  • Father Henri J M Nouwenelementary, Richmond HillFraser rating 9.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 49 & 50 - 588 EDWARD AVENUE