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1650 Elgin Mills Road Richmond Hill ON
📍 Richmond Hill, Ontario L4S 0B2
$1,699,999
Active
📋 Listing Highlights
StatusActive
MLS®N13422956
ListedJun 9, 2026
Days on Market—
Property TypeCommercial
StyleCommercial Retail
Cross StreetElgin Mills Rd/Leslie St
PossessionTBD
📝 Listing Description
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
Property TypeCommercial
StyleCommercial Retail
🔧 Building & Utilities
HeatingGas Forced Air Closed
CoolingYes
GaragePlaza
💰 Financial
List Price$1,699,999
Annual Taxes$6,532 (2025)
PossessionTBD
🧮 Mortgage Calculator
$340,000
Est. Monthly Payment
$8,352/mo
Principal: $1,359,999 · P+I only
Does not include taxes, insurance or CMHC
📍 Location
Listing provided by EXP REALTYData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #N13422956 · Last updated: Jul 14, 2026
Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.