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

Richmond Hill, ON L4S 0B2

$1,699,999 Est. $7,220/mo · 20% down, 25-yr, 4.09%

Commercial RetailType

About this property

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 Summary

Property TypeCommercial Retail

Community NameRural Richmond Hill

Annual Property Taxes$6,532.00

Tax Year2025

Parking TypePlaza Garage

Building details

Bathrooms / washrooms0

Property typeCommercial Retail

Building Features

StyleCommercial Retail

Fire ProtectionYes

Heating & Cooling

CoolingYes

Heating TypeGas Forced Air Closed

Parking

Parking TypePlaza Garage

Taxes & fees

Annual taxes$6,532 (2025)

Listing history

On market sinceJun 5, 2026

Listed by EXP REALTY, Brokerage · Listing data sourced from TRREB®, refreshed nightly.

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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.