555 Edward Avenue, Richmond Hill, ON

$39,000
MLS#:N12755854
0 beds
1 baths
Commercial
Commercial for sale - 0 Bed, 1 Bath Home at 555 Edward Avenue Richmond Hill ON listed at $39,000 (MLS# N12755854) - Main View
Price Change
For Sale

GTA Transit & Commute from this Address

Realistic rush-hour travel times from 555 Edward Avenue

GO Train to Union Station

Richmond Hill GO on Richmond Hill Line: 42 min to Union

Highway Access

Highway 404 & 407 ETR: 6–9 min drive

Airport & Regional Link

Pearson Airport (YYZ): 25–30 min drive

Added:Feb 3, 2026(281 days ago)
Updated:Mar 19, 2026(237 days ago)
Last Checked:7 minutes ago

Property Highlights

Welcome to this remarkable sale of business located in the coveted neighborhood of Devonsleigh. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $39,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 1 Bathroom
  • Premium 25 x 50 ft lot size
  • Convenient outside/surface garage included
  • equipped with no central cooling and highly efficient baseboard heating

Description

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.

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Property Summary

This sale of business located at 555 Edward Avenue, Richmond Hill is currently for sale and has been available for 281 days. This property is listed at $39,000 with an estimated mortgage of $130* per month. It has 0 beds, 1 bathroom, and is unknown square feet. 555 Edward Avenue, Richmond Hill is in the Devonsleigh neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Devonsleigh, Richmond Hill.

Great for Small Household / Couples
What We Love About This Home
  • •1 well-appointed bathroom
  • •Desirable Sale Of Business architecture in Devonsleigh, Richmond Hill
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bathrooms
1
Property Type
Commercial

Additional Details

StatusActive
Price$39,000
AddedFeb 3, 2026 (281 days ago)
UpdatedMar 19, 2026 (237 days ago)
Last Checked7 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeSale Of Business
Lot Size25 × 50 Feet
CountyYork
Annual Tax$0
Rental ItemsRogers Business Internet

Parking & Garage

Garage TypeOutside/Surface

Heating & Cooling

Heat TypeBaseboard
CoolingNo

Features

Property Features

None listed

Interior Features

None listed

Security Features

  • No

Community Features

None listed

Property History

No historical data available for this property.

This could be the first listing for this address.

Richmond Hill Home Buyer Advisory & Market HubActive MLS® Listing in Richmond Hill, Ontario

Looking to Buy a Home in Richmond Hill?

If you are looking for a house in Richmond Hill or researching Richmond Hill real estate for sale, this sale of business at 555 Edward Avenue, Richmond Hill, ON offers an exceptional opportunity to buy a home in Richmond Hill, Ontario. Whether you are a first-time Richmond Hill home buyer or comparing active Richmond Hill MLS® homes for sale, working with a dedicated Richmond Hill buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.

Richmond Hill Homes for Sale & MLS® Listings

Browse all verified Richmond Hill real estate listings, compare active Richmond Hill houses for sale, and view brand new MLS® inventory before it hits the open market.

Dedicated Richmond Hill Buyer Agent

Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Richmond Hill realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.

Richmond Hill Buyer Budget & Costs

Estimated mortgage: $130*/month*. Estimated Ontario Land Transfer Tax: $195. First-time Richmond Hill home buyers may qualify for up to $8,475 in rebates.

Frequently Asked Questions: Buying a Home in Richmond Hill

Frequently Asked Questions about 555 Edward Avenue, Richmond Hill, ON

Q.What is the asking price for 555 Edward Avenue, Richmond Hill, ON ?

The current listing price for 555 Edward Avenue, Richmond Hill, ON in Devonsleigh, Richmond Hill is $39,000.

Q.How many bedrooms and bathrooms does this property have?

This property features null bedrooms and 1 bathroom.

Q.What property type and architectural style is 555 Edward Avenue, Richmond Hill, ON ?

555 Edward Avenue, Richmond Hill, ON is a Sale Of Business () featuring a basement.

Q.What security features are installed at 555 Edward Avenue, Richmond Hill, ON ?

Security features include: No.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via No.

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Location

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555 Edward Avenue, Richmond Hill, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Devonsleigh, Richmond Hill

SAFETY RATING9.5 / 10
Low Incident Area
Total Annual Incidents43 incidents / yr
Average Per Month3.6 incidents / mo
Population Benchmark19,000 residents
Personal Safety
Very Low

8 assaults (42.1/100k)

Property Security
Low

9 B&E (47.4/100k)

Auto Theft Risk
Moderate

15 thefts (78.9/100k)

1-Year Trend
â–¼ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: York Regional Police (YRP) Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Pricing & Value Insights

Data-driven valuation for 555 Edward Avenue #10, Richmond Hill, ON L4C 5K6

Estimated Sales Range
$37,000 - $38,000

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.

Configure Loan Settings

Interest Rate4.00%
Down Payment$11,700 (30.0%)
* Minimum Canadian down payment required for this price is $1,950.
Amortization Period30 Years
Estimated Monthly Payment$130Based on a loan of $27,300 over 30 years.
Purchase Price$39,000
Loan Amount$27,300
Provincial Land Transfer Tax:$195
Total Estimated Closing Taxes:$195

About Purchasing a Home in Richmond Hill, ON

For a property listed at $39,000 in Richmond Hill, the legal minimum down payment is $1,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $195 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $195.

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Devonsleigh, Richmond Hill Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Devonsleigh, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$1,197,746

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Best Schools in Devonsleigh, Richmond Hill

Elementary Schools

H G Bernard
Public245 Bernard Avenue, Richmond Hill, Ontario, L4S 1E1
6.6
Corpus Christi
Public35 Squire Drive, Richmond Hill, Ontario, L4S 1C6
10.0
Crosby Heights
Public190 Neal Drive, Richmond Hill, Ontario, L4C 3K8
5.5
Trillium Woods
Public18 Alamo Heights Drive, Richmond Hill, Ontario, L4S 2P3
8.1
Silver Pines
Public112 Stave Crescent, Richmond Hill, Ontario, L4C 9J2
7.1

Secondary Schools

Jean Vanier
Public10475 Bayview Avenue, Richmond Hill, Ontario, L4C 3P2
7.9
Norval-Morrisseau
Public51 Wright Street, Richmond Hill, Ontario, L4C 4A1
8.3
Bayview
Public10077 Bayview Avenue, Richmond Hill, Ontario, L4C 2L4
9.2

Devonsleigh, Richmond Hill Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

MLS® Active
$39,000

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