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$ 1,750,000
Est. payment /mo
New
88 Elliott ST Brampton, ON L6Y 1W3
2 Baths
1,400 SqFt
UPDATED:
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 $1,250
Subdivision Downtown Brampton
MLS Listing ID W12088703
Annual Tax Amount $8,518
Tax Year 2024
Property Sub-Type Store W Apt/Office
Property Description
Corner Free-Standing CommerciaDiscover an exceptional investment opportunity at 88 Elliott St in the vibrant heart of downtown Brampton. This prominent corner property combines commercial and residential spaces, offering a versatile investment ideal for both seasoned investors and owner-operators seeking a stable income with development potential. Property Highlights: Prime Downtown Location: Positioned just steps from Brampton GO Station, Algoma University, and numerous local amenities, this high-traffic area ensures outstanding visibility and foot traffic, boosting business potential for the well-established convenience store. Established Convenience Store: A neighborhood staple for decades, this convenience store brings steady, reliable income, delivering immediate value to your investment. Spacious Residential Apartment: The second floor houses a comfortable two-bedroom apartment, providing additional rental income or a convenient on-site living option for owner-operators, enhancing the property's versatility. Ample Parking: The property includes parking for 6-8 vehicles a rare and attractive feature in downtown Brampton, offering added convenience for customers and tenants. Development Potential: Zoned for commercial use, this property invites builders and investors to explore low-rise mixed-use development options, meeting the growing demand in central Brampton. Exceptional Accessibility: Located within a short walk to schools, parks, gyms (including the YMCA), and the new hospital. Brampton GO Station is just an 8-minute walk, Highway 410 is a 5-minute drive, and the ZUM bus line on Queen Street is nearby, ensuring seamless connectivity. This property combines steady income from a well-established business, rental potential from the residential apartment, and substantial development opportunities, making it a prime investment in one of Brampton's most desirable areas. Don't miss out schedule your viewing today and seize this premier investment opportunity!
Location
Province ON
County Peel
Community Downtown Brampton
Area Peel
Interior
Cooling Yes
Exterior
Community Features Public Transit
Utilities Available Available
Lot Frontage 123.75
Lot Depth 50.0
Others
Security Features No
Listed by RE/MAX ALL-STARS REALTY INC.