88 Elliott Street, Brampton, ON L6Y 1W3

Brampton L6Y 1W3 Ontario

MLS: W12088703

$1,750,000

Added 10 hours ago | For Sale

Listed by: RE/MAX ALL-STARS REALTY INC.

About Property

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.

Features

  • House Style:Store W Apt/Office
  • Bathrooms:2
  • Land Size: 123.75 X 50
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:ELLIOTT ST & FRASER AVE
  • Basement: ,
  • Possession Date:tbd
  • Annual Property taxes: $8518
  • Bedrooms:
  • Total Parking Spaces:8
  • Parking Places:8
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:W12088703

About Agent
Jatinder & Jaskaran Chahal
Real Estate Broker & Sales Representative
(647) 281-9862 HomesWithChahal@gmail.com
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