88 Elliott Street Brampton, Ontario L6Y 1W3
$1,700,000
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. (id:53661)
Property Details
| MLS® Number | W12088703 |
| Property Type | Retail |
| Neigbourhood | Ridgehill |
| Community Name | Downtown Brampton |
| Amenities Near By | Public Transit |
| Parking Space Total | 8 |
Building
| Bathroom Total | 2 |
| Appliances | Stove, Refrigerator |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Exterior | 1400 Sqft |
| Size Interior | 1,400 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Size Irregular | Bldg=123.75 X 50 Acre ; Irregular Lot |
| Size Total Text | Bldg=123.75 X 50 Acre ; Irregular Lot |
| Zoning Description | Commercial |
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May 02 2025 05:41:46
Toronto Regional Real Estate Board
RE/MAX All-Stars Realty Inc.
