$1,788,000 FOR SALE
Store W/Apartment/Office
Lot: 123.75 x 50 ftTotal Area: 1,400 ft22024 Taxes: $8,098
88 Elliott St
Brampton, ON
L6Y 1W3 | Downtown Brampton | Peel
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.
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| Listed By | RE/MAX ALL-STARS REALTY INC. |
|---|---|
| Data Provided By | Toronto Regional Real Estate Board |
| MLS® Listing Number | W9031098 |
| Last Updated | Sep 30, 2024 |
Property Summary
| Property Type |
Store W/Apartment/Office
More like this: |
|---|---|
| Category | Store With Apt/Office |
| PIN | 140670107 |
| Occupancy | Tenant |
| Possession Date | TBD |
| Taxes (2024) | $8,098 |
| Tax Type | Annual |
| Directions/Cross Streets | ELLIOTT ST & FRASER AVE |
| Neighbourhood | Downtown Brampton |
| Area | Peel |
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
| Freestanding | Y |
|---|---|
| Bathrooms | 2 |
| Lot | 123.75 x 50 ft |
| Lot Irregularities | Irregular Lot |
| Retail Area | 700 ft2 |
| Office/Apt Area | 700 ft2 |
| Total Area | 1,400 ft2 |
| Air Conditioning | Y |
| Basement | Y |
| Garage Type | None |
| Parking Spaces | 8 |
| Heat Type | Gas Forced Air Open |
| Outside Storage | Y |
| Area Influences | Public Transit |
| Sprinklers | N |
| Utilities | A |
| Water | Municipal |
| Crane | N |
| Rail | N |
| Survey | Y |
| Lot/Bldg/Unit Code | Building |
| Zoning | COMMERCIAL |
| Seller Property Info Statement | N |
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