#10 - 555 Edward Avenue
Richmond Hill, ON
- 1 bath
- 1,250 sqft
- Sale Of Business
- 222 days on market
Highly demanded industrial location with very rare availability for lease, this fully renovated 1,250 sq. ft. industrial warehouse offers an exceptional opportunity for business owners seeking a clean, functional, and professional space. The unit features a 14 ft high ceiling, one loading door, and extensive recent upgrades including new flooring, fresh paint, new lighting, drywall, washroom, window coverings, and a newly renovated office with pot lights and a large window. The current total rent is $2,125.55 per month including TMI and HST, utility not included, with flexible lease terms subject to landlord approval (Access Storage). The business is being sold due to seller relocation; equipment, inventory, and existing customer base are not included in the purchase price, although inventory may be purchased separately if the buyer wishes to continue the same type of business. The unit is suitable for businesses such as balloon or flower shops, event rental, photography studios, or operations requiring a small office with a large showroom or warehouse component; food-related businesses are not permitted, and any new business use must be approved by the landlord.
Listing Details
- Originally Listed
- $59,000
- Listed
- February 3, 2026
Price History
Property
- Lot Size
- 25 x 50 Feet
Parking
- Garage
- Outside/Surface
Location & Legal
- Cross Street
- Bayview/Elgin Mills
- Zoning
- Industrial Warehouse
- Possession
- Immediate
- Occupancy
- Tenant
Commercial
- Business Type
- Service Related
Included
- Inclusions
- All lease hold improvement; 2 customized shelfs and Oversize working counter
- Exclusions
- Balloon equipments and inventories( can be purchased at additional cost), Furnitures
- Rental Items
- Rogers Business Internet
Community
Postal area L4C
- Population
- 74,636
- Private dwellings
- 30,129
- Median age
- 46
- Average household size
- 2.6
- Median household income
- $86,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Richmond Hill · last 12 months
- Median sold price
- $1,120,000
- Homes sold
- 1,969
- Median days on market
- 24
- Sale-to-list price
- 98.4%
Based on 1,969 recorded sales of commercial properties in Richmond Hill over the last 12 months.
Listed by
HOMELIFE NEW WORLD REALTY INC.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 1,250 sq ft
- Price per sq ft
- $31.20
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?