49 & 50 - 588 EDWARD AVENUE, Richmond Hill (Devonsleigh)
$1,399,900
For sale: Other
- Property type
- Office
- Bedrooms / bathrooms
- 2 bathrooms
- MLS®
- MLS® N13573294
- Neighbourhood
- Devonsleigh
Significant price improvement - Exceptional opportunity to acquire a professionally finished commercial office condominium totalling 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 Devonsleigh — recent sold market
Homes in Devonsleigh took a median of 23 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 40, across 82 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $1,284,400.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 34% of sales closed above the list price.
Around 9% of sellers reduced their price before finding a buyer.
- Median days to sell
- 23
- Median sale price
- $1,284,400
- Sale-to-list ratio
- 97.0%
- Sold above asking
- 34%
Based on 82 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. 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 Christi — elementary, Richmond HillFraser rating 10.0/10
- St. Therese of Lisieux — secondary, Richmond HillFraser rating 10.0/10
- Silver Stream — elementary, Richmond HillFraser rating 9.3/10
- St Charles Garnier — elementary, Richmond HillFraser rating 9.3/10
- Bayview — secondary, Richmond HillFraser rating 9.2/10
- Father Henri J M Nouwen — elementary, 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
$1,479,000
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$1,387,000
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Other61 LUZON AVENUE, Box Grove, Markham
$1,479,800
Other14 - 470 NORTH RIVERMEDE ROAD, Concord, Vaughan
$1,255,000
OtherLEVEL 1, North Richvale, Richmond Hill
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Other66 NOVOPHARM COURT, Rouge E11, Toronto
$1,198,000
Other29 - 10066 BAYVIEW AVENUE, Crosby, Richmond Hill
$1,250,000
Other102 - 2630 RUTHERFORD ROAD, Concord, Vaughan