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Sale Of Business for sale at 561 Edward Avenue, Richmond Hill, 3 bathroom - Photo 1 of 1
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$2,495,000

Unit 7 - 561 Edward Ave

Richmond Hill, ON L4C 9W6

Unit 7 - 561 Edward Ave, Richmond HillListed at $2,495,000, 3 bathroom Sale Of Business. MLS® N13702232.

Possession · seller's timeline

Flexible

3Baths
80%
Woodworking
Sale Of Business
$6,698.16Taxes/yr · 2025

Description

Exceptional opportunity to acquire Crown Global Holding Inc., a well-equipped custom cabinet manufacturing business offered together with its Richmond Hill property. This unique turnkey operation is ideal for an owner-operator, investor, cabinet manufacturer, millwork company, or entrepreneur looking to establish or expand a high-quality manufacturing operation with both the business and real estate included. The property and facility have benefited from several hundred thousand dollars in improvements, creating a professional and highly functional manufacturing environment. The sale includes a complete range of top-brand machinery and equipment for custom cabinet manufacturing, with many machines having very low working hours. The equipment has been carefully selected to provide a modern and efficient production setup. A major highlight is the professional spray booth equipped with a rooftop make-up air system, providing a specialized finishing environment that is difficult and costly to replicate. The operation also includes tens of thousands of dollars in professional tools and several thousand dollars of inventory, providing a substantial head start for the new owner. Everything is fully paid off, with no equipment financing, making this an attractive opportunity to acquire significant tangible assets without assuming equipment debt. This is truly a one-of-a-kind setup in Richmond Hill, combining a strategically located property with a fully equipped custom cabinet manufacturing facility and substantial capital improvements. The buyer can take advantage of an existing professional infrastructure rather than spending years and significant additional capital building a comparable operation from the ground up. Business, property, machinery, tools and inventory are being offered together. Confidentiality applies.

Property Details

Property TypeSale Of Business
CommunityDevonsleigh
Approximate Age31-50
Washrooms3
Lot Size99,609 sq ft (2.29 acres)
Lot Dimensions182.98 × 545.77 ft
Lot Size Area99,609.13 sqft (GeoWarehouse)
Dir/Cross StEdward Ave & Elgin Mills Rd. E
Garage TypeReserved/Assignd
Heating TypeBaseboard
A/CYes
SewersSanitary
Taxes (2025)$6,698.16
Maintenance Fee$747.69/Monthly
HSTNot Subject to HST
SecurityYes
Listed Date8/21/2026
Days on Market30 days
PossessionTBA

Business Details

Property Sub-TypeSale Of Business
Business TypeWoodworking
Property UseWith Property
Occupant TypeOwner
Hours of Operation9 to 5
FranchiseNo
Chattels IncludedYes
Seating Capacity1
Full-Time Employees1
Financial StatementsNot Available
Showing RequirementsShowing System
Possession TypeFlexible
Listing Expires12/31/2026

Commercial Space & Financials

Industrial Area80 %

Industrial Specifications

Clear Height17'8"
CraneNo
Outside StorageNo

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Property Insights

Listing Courtesy of: REMAX YOUR COMMUNITY REALTY

MLS® #N13702232

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. 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. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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HouseIndex Take: Unit 7 - 561 Edward Avenue

This sale of business is located in the Devonsleigh neighbourhood of Richmond Hill.

The home offers 3 bathrooms.

Additional details: lot dimensions of 182.98 × 545.77 feet.

Listed at $2,495,000 CAD with annual property taxes of $6,698.16 (2025).

About Richmond Hill Real Estate

This Sale Of Business is located in the Devonsleigh community in Richmond Hill. Richmond Hill sits at the heart of York Region, offering a mix of estate homes, townhome communities, and new condo developments along Yonge Street. The city is well-served by the Richmond Hill GO line and Viva BRT. David Dunlap Observatory lands provide green space, while the Yonge/16th corridor is evolving into a vibrant urban centre.

Richmond Hill GO stationYonge Street corridor revitalizationHillcrest Mall & shopping districtsDavid Dunlap Observatory green space
~45 min commute to downtown TorontoWalkability: Moderate — best along Yonge Street corridor
View full Richmond Hill neighbourhood guide →