Brampton, ON L6Y 1W3,88 Elliott ST
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Brampton, ON L6Y 1W3,88 Elliott ST
Brampton, ON L6Y 1W3,88 Elliott ST
Brampton, ON L6Y 1W3,88 Elliott ST
Brampton, ON L6Y 1W3,88 Elliott ST
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88 Elliott ST Brampton, ON L6Y 1W3

2 Baths

1,400 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 1,400 sqft

Price per Sqft $1,250

Subdivision Downtown Brampton

MLS Listing ID W12088699

Annual Tax Amount $8,517

Tax Year 2024

Property Sub-Type Investment

Lot Depth 50.0

Lot Front 123.75

Property Description

Corner Free-Standing Commercial Building with Residential Apartment 88 Elliott St, Brampton Unlock a premier investment opportunity at 88 Elliott St, situated in the thriving heart of downtown Brampton. This prominent corner property offers a seamless blend of commercial and residential spaces, making it an ideal asset for investors or owner-operators seeking steady income with exciting development potential. Property Highlights: Prime Downtown Location: Located steps from Brampton GO Station, Algoma University, and various local amenities, this high-traffic area provides exceptional visibility and foot traffic, enhancing business potential for the long-established convenience store. Established Convenience Store: A neighborhood favorite for decades, this convenience store delivers a steady income stream, adding immediate value to your investment. Spacious Residential Apartment: The second floor features a comfortable two-bedroom apartment, offering rental income potential or a live-on-site option for owner-operators, enhancing versatility. Ample Parking: With space for 6-8 cars, this large lot offers a rare convenience in downtown Brampton, benefiting both customers and tenants. Development Potential: Zoned for commercial use, this property invites builders and investors to explore the opportunity for a low-rise mixed-use development, meeting the growing demand in Brampton's core. Convenient Access: Within a short walk to schools, parks, gyms (including the YMCA), and the new hospital, with Brampton GO Station just an 8-minute walk away. Highway 410 is only a 5-minute drive, and the ZUM bus line on Queen Street is nearby, ensuring easy connectivity. This property combines the reliable income of a well-established business, rental potential from the residential space, and attractive development opportunities, making it a top-tier investment in one of Brampton's most sought-after areas. Don't miss this chance schedule your viewing today!

Location

Province ON

County Peel

Community Downtown Brampton

Area Peel

Interior

Cooling Yes

Exterior

Community Features Major Highway, Public Transit

Utilities Available Available

Lot Frontage 123.75

Lot Depth 50.0

Others

Security Features No


Listed by RE/MAX ALL-STARS REALTY INC.
agent

Jethro Seymour

Broker

+1(416) 712-0767

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88 Elliott ST