7 - 561 EDWARD AVENUE
Richmond Hill (Devonsleigh), Ontario
MLS® N13702232
$2,495,000
- Status
- Active
- Property type
- Business
- MLS® number
- N13702232
- Bedrooms
- —
- Bathrooms
- 3
- Year built
- —
1 / 47Listing 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 summary
- MLS® number
- N13702232
- Property type
- Business
- Square footage
- 2,340 sq ft
- Land size
- 182.98 x 545.77 FT
- Annual property taxes
- $6,698.16
- Parking
- 3 spaces
- Days on market
- 31 days
Features & details
- Heating
- Baseboard heaters, Radiant heat, Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $2,495,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REMAX YOUR COMMUNITY REALTY, RICHMOND HILL.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.