101 - 1650 Elgin Mills Road
Richmond Hill, ON
- 921 sqft
- Commercial Retail
- 100 days on market
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.
Listing Details
- Taxes (2025)
- $6,532
- Listed
- June 5, 2026
Price History
Parking
- Garage
- Plaza
Location & Legal
- Cross Street
- Elgin Mills Rd/Leslie St
- Zoning
- MC3
- Parcel Number
- 297160001
- Possession
- Flexible
- Occupancy
- Tenant
Community
Postal area L4S
- Population
- 36,688
- Private dwellings
- 11,480
- Median age
- 43.2
- Average household size
- 3.2
- Median household income
- $119,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Richmond Hill · last 12 months
- Median sold price
- $1,120,000
- Homes sold
- 1,968
- Median days on market
- 24
- Sale-to-list price
- 98.4%
Based on 1,968 recorded sales of commercial properties in Richmond Hill over the last 12 months.
Listed by
EXP REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 921 sq ft
- Price per sq ft
- $1,845.82
- Annual property tax
- $6,532
- Tax per sq ft
- $7.09
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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