49 & 50 - 588 Edward Avenue, Richmond Hill
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. (id:1945)
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Property details for 49 & 50 - 588 Edward Avenue, Richmond Hill
- Type
- Commercial
- Bathrooms
- 2
- Living Area
- 3,521 square feet
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Annual Taxes
- $9,548
Nearby Listings Stat
Estimated price and comparable properties near 49 & 50 - 588 Edward Avenue
Active Listings
43
Min Price
$418,800
Max Price
$3,490,000
Avg Price
$961,699
Days on Market
40
days
Sold Listings
14
Min Sold Price
$588,888
Max Sold Price
$1,200,000
Avg Sold Price
$836,968
Days until Sold
70
days
Neighbourhood Census Data
Richmond Hill, Ontario
Population
785
Median Age
42.8
Median Income
$35,392
Dwelling Value
$873,294
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 3.3
Pop. Density: 850.3/km²
Avg Shelter Cost: $1,641/mo
Owners with Mortgage: 48.9%
Owners Spending 30%+: 25%
Tenants Spending 30%+: 0%
English only: 85.4%
English and French: 9.6%
Neither: 5.1%
Median Household Income: $120,704
Median Employment Income: $40,704
Price History
Listed
July 16, 2026
by COLDWELL BANKER THE REAL ESTATE CENTRE
Current Price
$1,499,900
Type
Commercial
For Sale
