$1,750,000
Available - For Sale
Listing ID: W12088703
88 Elliott Stre , Brampton, L6Y 1W3, Peel
| 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 | $1,750,000 |
| Taxes: | $8518.00 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| 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: | Store With Apt/Office |
| 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: | Public Transit |
| Sprinklers: | No |
| Washrooms: | 2 |
| Outside Storage: | T |
| Rail: | N |
| Crane: | F |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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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. |
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Farnaz Masoumi
Broker
Dir:
647-923-4343
Bus:
905-695-7888
Fax:
905-695-0900
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Peel |
| Municipality: | Brampton |
| Neighbourhood: | Downtown Brampton |
| Tax: | $8,518 |
| Baths: | 2 |
| Fireplace: | N |
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