88 Elliott Street Brampton, Ontario L6Y 1W3

$1,750,000

Corner Free-Standing Commercial & Residential Property Prime Downtown Brampton InvestmentUnlock a rare and versatile investment opportunity at 88 Elliott Street, a prominent corner property ideally located in the dynamic core of downtown Brampton. Perfect for investors or owner-operators, this mixed-use asset offers stable cash flow, on-site living options, and future development potential in a high-demand area.Key Highlights: Prime Downtown LocationSituated just steps from Brampton GO Station, Algoma University, and a wide range of local amenities, this high-visibility corner site benefits from excellent foot traffican ideal setting for business exposure and long-term growth. Established Retail IncomeThe well-known convenience store, a neighbourhood fixture for decades, delivers consistent, reliable incomemaking it a turnkey investment with immediate returns. Upper-Level Residential ApartmentA spacious two-bedroom apartment on the second floor offers additional rental income or a convenient live/work opportunity for owner-occupiers, enhancing both utility and cash flow. Rare On-Site ParkingIncludes parking for 68 vehiclesa valuable amenity in the downtown core, increasing accessibility for both retail customers and residential tenants. Development UpsideZoned for commercial use, this property presents exciting possibilities for low-rise mixed-use redevelopment, in line with Bramptons intensification plans and growing housing demand. Exceptional Connectivity8-minute walk to Brampton GO Station5-minute drive to Highway 410Near ZUM transit line on Queen StreetWalkable access to schools, parks, YMCA, and the new hospitalWith strong existing income, built-in residential potential, and strategic location, 88 Elliott Street stands out as a high-performing asset in one of Bramptons most desirable and rapidly evolving areas. (id:50886)

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https://www.realtor.ca/real-estate/28181301/88-elliott-street-brampton-downtown-brampton-downtown-brampton