$1,750,000
Available - For Sale
Listing ID: W12088699
88 Elliott Stre , Brampton, L6Y 1W3, Peel
| Prime Corner Commercial Building with Residential Income 88 Elliott Street, BramptonUnlock a rare investment opportunity in the vibrant heart of downtown Brampton. 88 Elliott Street is a free-standing, mixed-use corner property offering immediate rental income and exceptional future redevelopment potential ideal for investors or owner-occupiers seeking to benefit from Bramptons rapid growth.Outstanding Downtown LocationLocated just steps from Brampton GO Station, Algoma University, Queen Streets ZUM bus line, and an array of shops, restaurants, and local services, this high-traffic site offers excellent visibility and accessibility, enhancing long-term value for both commercial and residential tenants.Established Commercial TenantThe ground-floor retail unit is occupied by a long-standing convenience store, providing stable income from a reliable tenant base.Spacious Residential ApartmentThe second level features a bright, well-maintained two-bedroom apartment with a private entrance, offering strong rental potential or an excellent live/work setup for an owner-operator.Rare On-Site ParkingWith parking available for up to 68 vehicles, the property provides a significant advantage in the busy downtown core, boosting convenience for customers, tenants, and visitors.Future Development PotentialZoned for commercial use, the large lot presents strong potential for low-rise, mixed-use redevelopment. As downtown Brampton continues to intensify, this property is well-positioned to capitalize on future density and value growth.Connectivity & Amenities8-minute walk to Brampton GO Station5-minute drive to Highway 410Steps to public transit (ZUM line), parks, schools, YMCA, Peel Memorial Hospital, and major servicesThis unique asset offers dual income streams, a strategic corner location, and significant redevelopment upside an outstanding addition to any portfolio in a rapidly evolving urban core. |
| Price | $1,750,000 |
| Taxes: | $8517.67 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 88 Elliott Stre , Brampton, L6Y 1W3, Peel |
| Postal Code: | L6Y 1W3 |
| Province/State: | Peel |
| Directions/Cross Streets: | ELLIOTT ST & FRASER AVE |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Retail |
| Building Percentage: | T |
| Total Area: | 1400.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 700 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Sprinklers: | No |
| Washrooms: | 2 |
| Outside Storage: | F |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX ALL-STARS REALTY INC. |
|
|
Farnaz Masoumi
Broker
Dir:
647-923-4343
Bus:
905-695-7888
Fax:
905-695-0900
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Investment |
| Area: | Peel |
| Municipality: | Brampton |
| Neighbourhood: | Downtown Brampton |
| Tax: | $8,517.67 |
| Baths: | 2 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
