ON > Brampton > Downtown Brampton
Brampton, ON L6Y 1W3,88 Elliott ST
Brampton, ON L6Y 1W3,88 Elliott ST
Brampton, ON L6Y 1W3,88 Elliott ST
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$1,700,000
Est. payment /mo
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2 Baths
1,400 SqFt
Price Dropped by $50K

88 Elliott ST Brampton, ON L6Y 1W3

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 1,400 sqft

Price per Sqft $1,214

Subdivision Downtown Brampton

MLS Listing ID W12088699

Annual Tax Amount $8,517

Tax Year 2024

Property Sub-Type Investment

Property Description

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.

Location

Province ON

County Peel

Community Downtown Brampton

Area Peel

Interior

Cooling Yes

Exterior

Community Features Major Highway, 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.
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agent

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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88 Elliott ST

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