For SaleSale Of Business

561 Edward Avenue, Unit 7

$2,495,000
3 Bath2,340 sqft$1,066/sq ft2d on market
MLS# N13702232Devonsleigh, Richmond Hill · L4C 9W6
Bedrooms
Bathrooms
3 Bath
Size
2,340 sq ft
Parking
3 Reserved/Assignd

About This Listing

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.

Monthly Mortgage (P&I)$10,870
Property Tax (MLS)$558
Maintenance Fees$0
Total Monthly Cost$11,429

Down payment: $499,000 (20.0%) · Mortgage: $1,996,000

Property tax uses MLS annual tax of $6,698/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

Property Details

MLS NumberN13702232
Property TypeSale Of Business
StyleWith Property
Listing TypeFor Sale
StatusActive
Bathrooms3
Size2,340 sq ft
Year Built1985
Parking Spaces3
Parking TypeReserved/Assignd
Property Tax$6,698.16/yr
Days on Market2
Listed2026-08-21
CommunityDevonsleigh
MunicipalityYork
Cross StreetEdward Ave & Elgin Mills Rd. E

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Data last updated: August 23, 2026 at 06:27 a.m.