Prime Corner Commercial Building with Residential Income 88 Elliott Street, BramptonUnlock a rare investment opportunity in the vibrant heart of downtown Brampton. 88 Elliott Street is a free-standing, mixed-use corner property offering immediate rental income and exceptional future redevelopment potential ideal for investors or owner-occupiers seeking to benefit from Bramptons rapid growth.Outstanding Downtown LocationLocated just steps from Brampton GO Station, Algoma University, Queen Streets ZUM bus line, and an array of shops, restaurants, and local services, this high-traffic site offers excellent visibility and accessibility, enhancing long-term value for both commercial and residential tenants.Established Commercial TenantThe ground-floor retail unit is occupied by a long-standing convenience store, providing stable income from a reliable tenant base.Spacious Residential ApartmentThe second level features a bright, well-maintained two-bedroom apartment with a private entrance, offering strong rental potential or an excellent live/work setup for an owner-operator.Rare On-Site ParkingWith parking available for up to 68 vehicles, the property provides a significant advantage in the busy downtown core, boosting convenience for customers, tenants, and visitors.Future Development PotentialZoned for commercial use, the large lot presents strong potential for low-rise, mixed-use redevelopment. As downtown Brampton continues to intensify, this property is well-positioned to capitalize on future density and value growth.Connectivity & Amenities8-minute walk to Brampton GO Station5-minute drive to Highway 410Steps to public transit (ZUM line), parks, schools, YMCA, Peel Memorial Hospital, and major servicesThis unique asset offers dual income streams, a strategic corner location, and significant redevelopment upside an outstanding addition to any portfolio in a rapidly evolving urban core. (id:56069)
| MLS® Number | W12088699 |
| Property Type | Business |
| Community Name | Downtown Brampton |
| Amenities Near By | Highway, Public Transit |
| Features | Irregular Lot Size |
| Parking Space Total | 6 |
| 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 |
| 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 |
5 public & 4 Catholic schools serve this home. Of these, 9 have catchments. There are 2 private schools nearby.
3 ball diamonds, 3 playgrounds and 6 other facilities are within a 20 min walk of this home.
Street transit stop less than a 4 min walk away. Rail transit stop less than 2 km away.
Unfortunately this location does not yet exist in Google Street View.
Contact us for more information
Rodica Iliescu
Broker
(905) 477-0011
(905) 477-6839
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