1650 Elgin Mills Road E, Unit 101
1650 Elgin Mills Road E, Unit 101
$1,699,999
$1,846/sq ft · 33 days on market
About This Listing
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.
| Monthly Mortgage (P&I) | $7,407 |
| Property Tax (MLS) | $544 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $7,951 |
Down payment: $340,000 (20.0%) · Mortgage: $1,359,999
Property tax uses MLS annual tax of $6,532/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by EXP REALTY
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Data last updated: August 23, 2026 at 04:25 a.m.