$ 1,788,000
88 Elliott ST Brampton, ON L6Y 1W3
Schedule a Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,788,000
Est. payment /mo
Active
88 Elliott ST Brampton, ON L6Y 1W3
2 Baths
1,400 SqFt
UPDATED:
10/18/2024 02:18 PM
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $1,277
MLS Listing ID W9031098
Annual Tax Amount $8,098
Tax Year 2024
Property Description
Corner Free-Standing Commercial Building with Residential Apartment 88 Elliott St, Brampton Unlock a Premier Investment Opportunity at 88 Elliott St, located in the thriving core of downtown Brampton. This corner property offers a unique blend of commercial and residential space, making it an ideal investment for savvy investors or owner-operators looking for both stable income and development potential.Property Highlights: Prime Downtown LocationJust steps from Brampton GO Station, Algoma University, and local amenities, this high-traffic area ensures excellent visibility and foot traffic, boosting business potential for the established convenience store. Established Convenience StoreA neighborhood favorite for decades, this convenience store provides steady and reliable income, adding immediate value to your investment. Spacious Residential ApartmentThe second-floor two-bedroom apartment offers additional rental income potential or the option for an owner-operator to live on-site, enhancing the property's versatility. Ample ParkingThe large lot includes parking for 6-8 cars, a rare and attractive feature in downtown Brampton, making it convenient for customers and tenants alike. Development PotentialZoned for commercial use, the property offers builders and investors the chance to develop a low-rise mixed-use building, tapping into the increasing demand in this central Brampton location. Convenient AccessWithin a 5-minute walk to local schools, parks, gyms (including the YMCA), and the new hospital. Brampton GO Station is an 8-minute walk, Highway 410 is a 5-minute drive, and the ZUM bus line on Queen Street is nearby, ensuring easy connectivity.This property combines stable income from an established business, rental potential from the residential space, and significant development opportunities, making it a standout investment in one of Brampton's most sought-after areas. Dont miss outsecure your viewing today!
Location
Province ON
County Peel
Community Public Transit
Interior
Cooling Yes
Exterior
Garage Spaces 8.0
Community Features Public Transit
Utilities Available Available
Parking Type None
Others
Security Features No
Listed by RE/MAX ALL-STARS REALTY INC.