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$1,700,000
Available - For Sale
Listing ID: W12088703
Corner Free-Standing Commercial & Residential PropertyPrime Downtown Brampton Investment Opportunity | 88 Elliott StreetUnlock a rare, versatile investment opportunity with 88 Elliott Street, a prominently positioned mixed-use corner property in the heart of downtown Brampton. Ideal for investors or owner-operators, this property offers stable cash flow, on-site residential options, and future redevelopment potential in a thriving urban environment.Key Highlights:Prime Downtown LocationStrategically located steps from Brampton GO Station, Algoma University, and a wide range of shops, restaurants, and services. This high-visibility corner site enjoys excellent foot traffic, making it ideal for business exposure and future growth.Established Retail IncomeAnchored by a long-standing, community-favorite convenience store, generating consistent and reliable income a turnkey investment opportunity with immediate cash flow.Upper-Level Residential ApartmentThe spacious two-bedroom apartment on the second floor provides additional rental income or a convenient live/work opportunity for owner-occupiers, enhancing both utility and overall returns.Rare On-Site ParkingIncludes parking for 68 vehicles a significant amenity in downtown Brampton, offering added convenience for retail customers and residential tenants.Future Development PotentialZoned for commercial use, the site presents exciting opportunities for low-rise mixed-use redevelopment, aligning with Bramptons downtown intensification plans and growing demand for housing and commercial space.Exceptional Connectivity:8-minute walk to Brampton GO Station5-minute drive to Highway 410Near Queen Street's ZUM transit lineWalkable access to parks, schools, YMCA, and the new hospitalWith strong existing income, built-in residential value, and a strategic, high-growth location, 88 Elliott Street is a standout investment opportunity in one of Bramptons most desirable and rapidly evolving neighborhoods.
Price $1,700,000
Taxes: $8,518
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 88 Elliott Stre , Brampton, L6Y 1W3, Peel
Postal Code: L6Y 1W3
Province/State: Peel
Directions/Cross Streets: ELLIOTT ST & FRASER AVE
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Store With Apt/Office
Building Percentage: T
Total Area: 1,400
Total Area Code:  Square Feet
Office/Appartment Area: 700
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Maintenance: 0
Sprinklers: No
Outside Storage: T
Rail: N
Crane: F
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ALL-STARS REALTY INC.

88 Elliott Stre , Brampton, L6Y 1W3, Peel


 
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At a Glance:
Type: Com - Store W Apt/Office
Area: Peel
Municipality: Brampton
Neighbourhood: Downtown Brampton
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Lot Size: x 50.00(Acres)
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Tax: $8,518
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
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