88 Elliott Street, Brampton, ON L6Y 1W3

Brampton L6Y 1W3 Ontario

MLS: W12088699

$1,750,000

Added 3 days ago | For Sale

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

About Property

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.

Features

  • House Style:Investment
  • 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: $8517.67
  • Bedrooms:
  • Total Parking Spaces:6
  • Parking Places:6
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:W12088699

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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