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Investment signal

$750,000

58 MAJOR MACKENZIE DRIVE E

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Beds

—

Baths

—

Sqft

1,800

Year

—

Type

Business

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Richmond Hill (Crosby). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

A remarkable opportunity to acquire a well-established physiotherapy and rehabilitation clinic in a prime Richmond Hill location. This reputable clinic is known for its quality care, strong community presence, and consistent performance. * The facility features six treatment rooms , offering a functional and efficient layout designed to support a wide range of physiotherapy and rehabilitation services. The clinic benefits from a loyal and growing client base, steady referral streams, and a proven track record of strong income. * This is a turnkey operation, ideal for physiotherapists, healthcare professionals, or investors seeking a stable and profitable business with immediate cash flow. The existing infrastructure, experienced staff , and established goodwill provide a seamless transition for the new owner. * Located in a high-demand area with excellent visibility and accessibility, the clinic is well-positioned for continued growth and expansion. * Highlights: Prime Richmond Hill location4 fully equipped treatment rooms Strong, loyal client base Consistent and impressive revenue Turnkey operation with immediate income potential Opportunity for growth and service expansion. * A rare chance to step into a thriving healthcare business in one of the GTA's most desirable communities. (id:65958)

Subtype: Business
Community: Crosby
Living area: 1,800 square feet
On market: Apr 25, 2026
Status changed: Apr 25, 2026
Annual tax: $0
Zoning: Commercial
Photos: 9
MLS#: N13045158
Area: RICHMOND_HILL_(CROSBY)

Features and systems

Heating

Forced airNatural gas

Cooling

Fully air conditioned

Negative cash flow ~$839/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.71%

Cap rate

3.52%

GRM

16.7

Break-even rent

$4,633

Financing

Down payment$150,000

Loan amount$600,000

Mortgage$3,040/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$344

Insurance$80

Maintenance$625

CapEx reserve$313

Vacancy loss$188

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $3,040/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 25, 2026.