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For Sale

555 Edward Avenue #10 ##10

Devonsleigh, Richmond Hill, ON
$39,000
0Bd
1Ba
sqft
25 x 50 ftlot
CommercialMLS# N12755854Listed 2026-02-0471 DOM

On the market for 71 days — longer than average. The seller may be open to negotiation.

About this home

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.

Renovated

Features

  • No

Financials

Annual Taxes
$0

Estimated Rental Income

Entire property$2,500 – $8,000/mo
Rental yield76.9% – 246.2%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Richmond Hill

Days on market71 days
Buyer's MarketSeller's Market

Based on active listings in Richmond Hill. Data updates daily.

Demographics — Richmond Hill

Population
202,022
Avg Household Income
$115,000
Age Distribution
0-19
20%
20-34
17%
35-49
22%
50-64
22%
65+
19%
Ownership
81% own · 19% rent
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MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$39,000
555 Edward Avenue #10, Richmond Hill
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