88 Elliott Street Brampton, Ontario L6Y 1W3

$1,700,000

Prime Corner Commercial Building with Residential Income88 Elliott Street, Brampton | Mixed-Use Investment | High Traffic & Future UpsideUnlock a rare opportunity in the thriving core of Downtown Brampton. This free-standing, mixed-use corner property at 88 Elliott Street combines immediate income generation with exceptional redevelopment potentialideal for investors or owner-users looking to benefit from Bramptons ongoing urban growth.Property Highlights:Established Commercial Tenant: Ground-floor retail unit leased to a long-standing convenience store, offering stable cash flow and tenant reliability.Residential Income: Second-floor, private-entry 2-bedroom apartment, well-maintained and filled with natural lightsuitable for tenants or live/work use by an owner-operator.Rare On-Site Parking: Ample surface parking for up to 68 vehicles, a significant advantage in the busy downtown core.Strategic Downtown Location:Steps to Brampton GO Station, ZUM Transit Line, Algoma University, and Queen Street amenitiesSurrounded by restaurants, shops, parks, and professional servicesShort drive to Highway 410, with easy regional accessClose to Peel Memorial Hospital, YMCA, schools, and public green spaceFuture Development Potential:Zoned for commercial use with a generous lot footprint, this property presents a strong opportunity for future low-rise, mixed-use redevelopment. As Brampton continues to intensify its downtown with infrastructure and residential growth, this site is well-positioned to capture long-term upside.88 Elliott Street offers a unique combination of dual income streams, strategic visibility, and redevelopment potential, making it a smart addition to any investment portfolio in one of the GTAs fastest-growing urban centres. (id:50886)

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https://www.realtor.ca/real-estate/28181300/88-elliott-street-brampton-downtown-brampton-downtown-brampton