$1,788,000
Available - For Sale
Listing ID: W9031098
88 Elliott St , Brampton, L6Y 1W3, Ontario
| Prime Corner Free-Standing Commercial Building with Residential ApartmentExplore a standout investment opportunity at 88 Elliott St, located in the dynamic heart of downtown Brampton. This corner property offers a free-standing commercial building with a well-established convenience store, complemented by a spacious two-bedroom residential apartment on the second floor, making it a versatile and high-potential investment.Property Highlights:Prime Downtown Location: Positioned just steps from the Brampton GO Station, Algoma University, and various amenities, this property benefits from excellent foot traffic and visibility in a bustling area.Established Convenience Store: A neighborhood staple for decades, the convenience store has a solid reputation and generates steady, reliable income.Spacious Residential Apartment: The second-floor apartment features two large bedrooms, providing additional rental income potential or live-in opportunities for an owner-operator.Large Lot with Ample Parking: The property boasts a substantial lot with parking for 6-8 cars, enhancing its appeal for commercial tenants and customers alike.Development Potential: Zoned for commercial use, the property offers builders and investors the chance to develop a low-rise mixed-use building, capitalizing on the growing demand in this central Brampton location.Convenient Access: Within a 5-minute walk to local schools, parks, gyms (including YMCA), and a new hospital. The Brampton GO Station is an 8-minute walk, Highway 410 is a 5-minute drive, and the ZUM bus line on Queen Street is just a short walk away. A fire station at Centre and Vodden is also within easy reach.This property combines stable income from an established business, rental potential from residential space, and significant development possibilities, making it a prime opportunity in one of Bramptons most sought-after areas. |
| Extras: This property can be purchased along with 25 Fraser, Brampton, ON, which is listed separately ( W9031079).23 Fraser is on the market as well. |
| Price | $1,788,000 |
| Taxes: | $8098.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 88 Elliott St , Brampton, L6Y 1W3, Ontario |
| Postal Code: | L6Y 1W3 |
| Province/State: | Ontario |
| Lot Size: | 123.75 x 50.00 (Feet) |
| Directions/Cross Streets: | ELLIOTT ST & FRASER AVE |
| Category: | Store With Apt/Office |
| Building Percentage: | Y |
| Total Area: | 1400.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 700 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 700 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Sprinklers: | N |
| Washrooms: | 2 |
| Outside Storage: | Y |
| Rail: | N |
| Crane: | N |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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| RE/MAX ALL-STARS REALTY INC. |
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The Bhangoo Group
ReSale & PreSale
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905-783-1000
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At a Glance:
| Type: | Com - Store W/Apt/Office |
| Area: | Peel |
| Municipality: | Brampton |
| Neighbourhood: | Downtown Brampton |
| Lot Size: | 123.75 x 50.00(Feet) |
| Tax: | $8,098 |
| Baths: | 2 |
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Avtar Bhangoo
Broker a.bhangoo@yahoo.com NSD, Brokerage Independently owned and operated. 1 Gateway Blvd Suite #200, Brampton , Ontario L6T0G3 Office: 905-783-1000 Cell: 416-618-0119
Aman Bhangoo
Broker a.bhangoo@yahoo.com NSD, Brokerage Independently owned and operated. 1 Gateway Blvd Suite #200, Brampton , Ontario L6T0G3 Office: 905-783-1000 Cell: 647-407-9500
