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$1,699,999

Unit 101 - 1650 Elgin Mills Rd E

Richmond Hill, ON L4S 0B2

Unit 101 - 1650 Elgin Mills Rd E, Richmond HillListed at $1,699,999 Commercial Retail. MLS® N13422956.

Just listed — 2 days ago
800Sq Ft
Commercial Retail
$6,532 (2025)

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.

Price & Status History

Price history is locked

Business Details

Property Sub-TypeCommercial Retail
Property UseCommercial Condo
Occupant TypeTenant
Showing RequirementsSee Brokerage Remarks
Possession TypeFlexible
Listing Expires9/5/2026

Commercial Space & Financials

Retail Area800 Sq Ft

Property Details

Property TypeCommercial Retail
CommunityRural Richmond Hill
Dir/Cross StElgin Mills Rd/Leslie St
Garage TypePlaza
Heating TypeGas Forced Air Closed
A/CYes
Taxes (2025)$6,532
HSTIn Addition To
SecurityYes
Listed Date6/9/2026
Days on Market2 days
PossessionTBD
Vick Yogeswaran - REALTOR

Your agent: Vick Yogeswaran

REALTOR® · RE/MAX Realtron Realty Inc.

Same-day showings available

Property Insights

Listing Courtesy of: EXP REALTY

MLS® #N13422956

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Richmond Hill Real Estate

This Commercial Retail is located in the Rural Richmond Hill community in Richmond Hill. Richmond Hill sits at the heart of York Region, offering a mix of estate homes, townhome communities, and new condo developments along Yonge Street. The city is well-served by the Richmond Hill GO line and Viva BRT. David Dunlap Observatory lands provide green space, while the Yonge/16th corridor is evolving into a vibrant urban centre.

Richmond Hill GO stationYonge Street corridor revitalizationHillcrest Mall & shopping districtsDavid Dunlap Observatory green space
~45 min commute to downtown TorontoWalkability: Moderate — best along Yonge Street corridor
View full Richmond Hill neighbourhood guide →