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.
Address
88 Elliott Street
List Price
$1,700,000
Property Type
Commercial
Type of Dwelling
Investment
Area
Brampton
Sub-Area
Downtown Brampton
County
Peel
Bathrooms
2
Lot Size Source
GeoWarehouse
Lot Depth
50
Lot Shape
Irregular
Lot Type
Building
Lot Irregularities
Irregular lot
Lot Size Units
Feet
Lot Width
123.75
MLS® Number
W12088699
Listing Brokerage
RE/MAX ALL-STARS REALTY INC.
Postal Code
L6Y 1W3
Tax Amount
$8,517.67
Tax Year
2024
Community Features
Major Highway, Public Transit
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
None
Security Features
No
