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$ 2,495,000
Est. payment /mo
New
561 Edward AVE #7 Richmond Hill, ON L4C 9W6
3 Baths
2,340 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,340 sqft
Price per Sqft $1,066
Subdivision Devonsleigh
MLS Listing ID N13702232
Condo Fees $747
Annual Tax Amount $6,698
Tax Year 2025
Lot Size 2 Sqft
Property Sub-Type Sale Of Business
Property 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. Detailed equipment and asset information is available to qualified buyers upon request. Confidentiality applies.
Location
Province ON
County York
Area York
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 182.98
Lot Depth 545.77
Building
Building Age 31-50
Others
Security Features Yes
ParcelsYN No
Listed by REMAX YOUR COMMUNITY REALTY
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