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$ 1,750,000
Est. payment | /mo
2 Baths
1,400 SqFt
$ 1,750,000
Est. payment | /mo
2 Baths
1,400 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $1,250
Subdivision Downtown Brampton
MLS® Listing ID W12088699
Originating Board Toronto Regional Real Estate Board
Property Description
Prime Corner Commercial Building with Residential Income Unlock a rare and versatile investment opportunity at 88 Elliott Street, a prominently positioned free-standing corner building in the bustling heart of downtown Brampton. This well-maintained mixed-use property offers a unique blend of commercial and residential space, delivering both immediate income and future development potentialperfect for investors or owner-operators looking to capitalize on Bramptons ongoing urban growth. Prime Downtown LocationLocated just steps from Brampton GO Station, Algoma University, and a wide range of shops, restaurants, and local services, this high-traffic area offers outstanding visibility and foot traffic, enhancing long-term value for retail and residential tenants alike. Established Commercial TenantAnchored by a long-standing neighbourhood convenience store, this property generates consistent income from a stable tenant base, providing built-in value from day one. Upper-Level Residential ApartmentThe spacious two-bedroom apartment on the second floor offers strong rental potential or a convenient live/work setup for owner-occupiers. Its separate entrance ensures privacy and flexibility for tenants or operators. Rare On-Site ParkingWith dedicated space for 68 vehicles, this property delivers a major advantage in the downtown coreboosting convenience for both customers and residents. Development PotentialZoned for commercial use, the large lot presents opportunities for low-rise mixed-use redevelopment. As Brampton intensifies its downtown corridor, this site is ideally positioned to support future density and growth. Excellent Connectivity & Amenities8-minute walk to Brampton GO Station5-minute drive to Highway 410Steps from the ZUM bus line on Queen StreetClose to schools, parks, YMCA, the new hospital, and a wide variety of local amenitiesWith dual-income streams, a strategic location, and significant redevelopment upside. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 6
Private Pool No
Listed by RE/MAX ALL-STARS REALTY INC.
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