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.
Address
88 Elliott Street
List Price
$1,700,000
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Area
Brampton
Sub-Area
Downtown Brampton
County
Peel
Bathrooms
2
Lot Size Source
MPAC
Lot Depth
50
Lot Type
Building
Lot Irregularities
irregular lot
Lot Size Units
Acres
Lot Width
123.75
MLS® Number
W12088703
Listing Brokerage
RE/MAX ALL-STARS REALTY INC.
Postal Code
L6Y 1W3
Tax Amount
$8,518.00
Tax Year
2024
Community Features
Public Transit
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
None
Security Features
No
