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88 ELLIOTT STREET, Brampton (Downtown Brampton), Ontario, L6Y1W3

$1,700,000.00
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Description

Corner Free-Standing CommerciaDiscover an exceptional investment opportunity at 88 Elliott St in the vibrant heart of downtown Brampton. This prominent corner property combines commercial and residential spaces, offering a versatile investment ideal for both seasoned investors and owner-operators seeking a stable income with development potential. Property Highlights: Prime Downtown Location: Positioned just steps from Brampton GO Station, Algoma University, and numerous local amenities, this high-traffic area ensures outstanding visibility and foot traffic, boosting business potential for the well-established convenience store. Established Convenience Store: A neighborhood staple for decades, this convenience store brings steady, reliable income, delivering immediate value to your investment. Spacious Residential Apartment: The second floor houses a comfortable two-bedroom apartment, providing additional rental income or a convenient on-site living option for owner-operators, enhancing the property’s versatility. Ample Parking: The property includes parking for 6-8 vehicles a rare and attractive feature in downtown Brampton, offering added convenience for customers and tenants. Development Potential: Zoned for commercial use, this property invites builders and investors to explore low-rise mixed-use development options, meeting the growing demand in central Brampton. Exceptional Accessibility: Located within a short walk to schools, parks, gyms (including the YMCA), and the new hospital. Brampton GO Station is just an 8-minute walk, Highway 410 is a 5-minute drive, and the ZUM bus line on Queen Street is nearby, ensuring seamless connectivity. This property combines steady income from a well-established business, rental potential from the residential apartment, and substantial development opportunities, making it a prime investment in one of Brampton’s most desirable areas. Don’t miss out schedule your viewing today and seize this premier investment opportunity! (id:56590)

Property Location

Listing Office: RE/MAX ALL-STARS REALTY INC.

Data Provided by REALTORS® Association of Canadian Real Estate

Last Modified: Sun, 22 Jun 2025 21:40:33 GMT

MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association

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