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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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1650 Elgin Mills Road E #101 Richmond Hill
For SaleRichmond Hill

1650 Elgin Mills Road E #101 Richmond Hill, Commercial Retail for Sale

MLS® N13422956

Richmond Hill, ON

156 days on market
$1,699,999
Show on Map
Show on Map
N/ABeds
N/ABaths
921Sqft
N/AParking
Commercial Retail

Overview· 1650 Elgin Mills Road E #101 Richmond Hill

MLS® #N13422956

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.

Broker

EXP REALTY

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Walk Score®54Somewhat WalkableSomewhat Walkable
Transit Score®41Some TransitSome Transit
Bike Score®48Somewhat BikeableSomewhat Bikeable
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Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 1650 Elgin Mills Road E #101 Richmond Hill

Source: MLS® listing data
1650 Elgin Mills Road E #101 Richmond Hill

Commercial Retail

1650 Elgin Mills Road E #101 Richmond Hill

Richmond Hill

Type

Commercial Retail

Parking

Plaza

Property Tax

~$6,532/yr

Heating

Gas Forced Air Closed

Buying Essentials

Square Feet

921 sqft

Parking

Plaza

Finances

List Price

$1,699,999

Price per SQFT

$1,846/sqft

Property Tax

~$6,532/yr

Property Specs

Property Type

Commercial Retail

MLS Size

921 sqft

Living & Amenities

Heating Type

Gas Forced Air Closed

Policies & Utilities

Neighbourhood

Richmond Hill

Listed On

Jun 5, 2026

Price & Listing History

Days on Market

Current: 156 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 1650 Elgin Mills Road E #101 Richmond Hill.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$6,838/mo
Property Tax$544/mo
Total Monthly$7,382

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0