$1,699,999

1650 Elgin Mills Road E 101, Richmond Hill, ON L4S 0B2

Richmond Hill

Square feet: 921
Type: Commercial Retail

AI summary

Reading the listing details…

About this listing

Incredible 7.3% cap rate! Unit lease by pharmacy, located in a prime location of Richmond Hill. Exclusive pharmacy rights in a well maintained building,. Location is surrounded by high traffic businesses and stored with a strong local residential market. 4 Years remaining on lease term, triple net lease. Turnkey investment opportunity at a rarely offered cap rate. *Do not speak to tenants* Financials attached.

Property details

Price per sqft: $1,846
Days on market: 2 days
Property taxes: $6,532/yr (2025)
Heating: Gas Forced Air Closed
Cooling: Yes
Garage: Plaza

Payment calculator

Down payment$340,000 (20%)

Interest rate

Amortization

Estimated payment

$7,527 /mo

Mortgage amount: $1,359,999

Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.

Location

Walkability

View Walk Score, Transit Score & Bike Score

Walkability, transit, and bike-friendliness for 1650 Elgin Mills Road E 101, Richmond Hill, ON L4S 0B2

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MLS# N13422956

Listed by EXP REALTY

On market since Jun 9, 2026

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About 1650 Elgin Mills Road E 101, Richmond Hill, ON L4S 0B2

How much is 1650 Elgin Mills Road E 101, Richmond Hill, ON L4S 0B2?

1650 Elgin Mills Road E 101, Richmond Hill, ON L4S 0B2 is listed for $1,699,999 CAD.

What type of property is 1650 Elgin Mills Road E 101, Richmond Hill, ON L4S 0B2?

1650 Elgin Mills Road E 101, Richmond Hill, ON L4S 0B2 is a Commercial Retail, 921 sq ft.

What neighbourhood is 1650 Elgin Mills Road E 101, Richmond Hill, ON L4S 0B2 in?

1650 Elgin Mills Road E 101, Richmond Hill, ON L4S 0B2 is in Richmond Hill, Ontario.

Is 1650 Elgin Mills Road E 101, Richmond Hill, ON L4S 0B2 for sale or for rent?

1650 Elgin Mills Road E 101, Richmond Hill, ON L4S 0B2 is currently for sale.

How do I book a showing for 1650 Elgin Mills Road E 101, Richmond Hill, ON L4S 0B2?

Contact Michael Mezheritsky at 4167164439 to arrange a private showing of 1650 Elgin Mills Road E 101, Richmond Hill, ON L4S 0B2 (MLS# N13422956). You can also send a message through the contact form on this site.