49 & 50 - 588 Edward Avenue
Richmond Hill, ON
- 2 bath
- 3,521 sqft
- Office
- 86 days on market
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.
Listing Details
- Taxes (2025)
- $9,548
- Listed
- June 11, 2026
Price History
Listing history
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Parking
- Garage
- Outside/Surface
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Yonge St/Elgin St/Edward St
- Zoning
- MC1
- Parcel Number
- 293340049
- Possession
- 90+ days
- Occupancy
- Owner
Commercial
- Business Type
- Professional Office
- Office / Apartment Area
- 3521 Sq Ft
Included
- Inclusions
- Light Fixtures. 2x EV Charges.
- Exclusions
- Tenant Furniture (can be negotiated separately).
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
- 1,993
- Median days on market
- 24
- Sale-to-list price
- 98.5%
Based on 1,993 recorded sales of commercial properties in Richmond Hill over the last 12 months.
Listed by
COLDWELL BANKER THE REAL ESTATE CENTRE
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 3,521 sq ft
- Price per sq ft
- $450.16
- Annual property tax
- $9,548
- Tax per sq ft
- $2.71
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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