88 Elliott St

Brampton | Downtown Brampton | L6Y 1W3
  • 1400.0 sqft
  • 0 gar

Ask: $1,898,000 $1,788,000

Est. Mtg $6,062 /mo
  • Days on market

    71

  • Status

    A

Listing Broker RE/MAX ALL-STARS REALTY INC.
Since listed: 2 views

Home details

MLS #:

W9031086

Property type:
Investment
Style:
Taxes:
$8,098
Possession:
TBD
Condo Fee:
Lot Size:
123.75 X 50.0
Zoning:
COMMERCIAL
Use:
Heat:
Gas Forced Air Open

Description


88 Elliott St, , Brampton, Ontario is a Investment property in Brampton and in the Downtown Brampton community in the L6Y 1W3 postal code


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 mls as well.



Payment calculator

$6737 monthly. In association with: TD Bank
%
  • Principal and Interest
    6062 /mo
  • Property Taxes
    $674 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Palma Dametto, Realtor

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