88 Elliott Street Brampton, Ontario L6Y 1W3
$1,750,000
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. (id:50886)
Property Details
| MLS® Number | W12088699 |
| Property Type | Business |
| Community Name | Downtown Brampton |
| Amenities Near By | Highway, Public Transit |
| Features | Irregular Lot Size |
| Parking Space Total | 6 |
Building
| Bathroom Total | 2 |
| Appliances | Stove, Refrigerator |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Exterior | 1400 Sqft |
| Size Interior | 1,400 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Size Depth | 50 Ft |
| Size Frontage | 123 Ft ,9 In |
| Size Irregular | Bldg=123.75 X 50 Ft ; Irregular Lot |
| Size Total Text | Bldg=123.75 X 50 Ft ; Irregular Lot |
| Zoning Description | Commercial |
Contact Us
Contact us for more information
Rodica Iliescu
Broker
(647) 204-4663
www.rodicas.com/
www.facebook.com/rodica.iliescu.526
ca.linkedin.com/in/rodicailiescu
5071 Highway 7 East #5
Unionville, Ontario L3R 1N3
(905) 477-0011
(905) 477-6839
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April 23 2025 05:10:42
Toronto Regional Real Estate Board
RE/MAX All-Stars Realty Inc.