588 Edward Avenue 49 & 50
Devonsleigh, Richmond Hill, L4C 9Y6
$1,399,900
Reduced $100,000 from $1,499,900
- 2 bathrooms
Listed 96 days ago · MLS® N13573294
About this home
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.
Details
- Type
- Office
- Garage
- Outside/Surface
- Property tax
- $9,548 (2025)
- Neighbourhood
- Devonsleigh
- Municipality
- Richmond Hill
Interior
- Bathrooms
- 2 × bathroom
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
- Water and sewer
- Sanitary+Storm
- Utilities
- Yes
Building and exterior
- Building area
- 3,521 Square Feet
More
- Possession
- November 2026
- Cross street
- Yonge St/Elgin St/Edward St
- Business type
- Professional Office
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Walkable
- 🚆 Richmond Hill GO2.2 km
Within a 10-minute walk: 1 grocery store, 7 cafés and restaurants, 4 parks, 2 pharmacies. Nearest grocery: No Frills (950 m). Nearest park: Skopit Park (350 m).
Schools nearby
Elementary
- Beverley Acres Public School
EQAO: Gr 6 reading 97%, math 80%12 min walk - Corpus Christi Catholic Elementary School Catholic
EQAO: Gr 3 reading 85%, math 85%12 min walk - H. G. Bernard Public School
EQAO: Gr 6 reading 87%, math 58%13 min walk - Crosby Heights Public School
EQAO: Gr 6 reading 78%, math 52%18 min walk
Secondary
- Richmond Hill High School
EQAO: Gr 9 math 81%, literacy test 96%1.3 km - Our Lady Queen of the World Catholic Academy Catholic · Private
EQAO: Gr 9 math 79%, literacy test 93%1.3 km - École secondaire Norval-Morrisseau French2.1 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area L4C
- Owners / renters
- 70% / 30%
- Median household income
- $86,000
- Average age
- 45
- Children under 15
- 13%
- Homes
- 49% detached, 30% high-rise
- Commute by transit
- 10%
- Population
- 74,636
Languages spoken most at home besides English: Iranian Persian 9.6%, Mandarin 6.2%, Yue (Cantonese) 4.3%, Russian 4%.
Flood and conservation No mapped hazard
Not inside a mapped flood plain or regulated area.
Screening maps only. Ask the conservation authority for a property inquiry before relying on this.
Safety
Crime Severity Index for York Region police: 50 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.
Living here
Commute
To Union Station (downtown Toronto): 28 km. Transit times · Driving times
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by COLDWELL BANKER THE REAL ESTATE CENTRE.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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