88 Elliott Street, Brampton
- Bathrooms: 2
- Living area: 1400 square feet
- MLS®: w9031098
- Type: Commercial
- Added: 59 days ago
- Updated: 5 days ago
- Last Checked: 4 days ago
Free-Standing Commercial Building with Established Convenience Store and Residential ApartmentDiscover a prime investment opportunity in the heart of downtown Brampton. This corner property features a free-standing commercial building housing a well-established convenience store that has been serving the local neighborhood for decades. Additionally, it includes a spacious two-bedroom apartment on the second floor, making it a versatile investment option.Property Highlights:Prime Downtown Location: Situated in the vibrant heart of Brampton, this property is just steps away from the Brampton GO station, Algoma University, and various amenities.Established Business: The convenience store has a strong, long-standing presence in the community, providing a steady stream of income.Residential Component: The spacious two-bedroom apartment on the second floor offers additional rental income potential.Large Lot with Ample Parking: The property features a sizable lot with parking for approximately 6-8 cars, enhancing its commercial appeal.Development Potential: With commercial zoning and a large lot, this property presents a unique opportunity for builders and investors to develop a low-rise building on the combined land of both properties.Convenient Accessibility: The property is within a 5-minute walk to multiple schools, parks, gyms, including the YMCA, and a new hospital. The Brampton GO Station is only an 8-minute walk away, Highway 410 is a quick 5-minute drive, and the ZUM bus line on Queen Street is just a 5-minute walk away. Additionally, a fire station at Centre and Vodden is within a 5-minute walk.This property is an excellent investment in a high-demand, central location with substantial potential for both commercial and residential income.
Property Details
- Cooling: Fully air conditioned
- Heating: Natural gas, Other
- Structure Type: Residential Commercial Mix
- Building Area Total: 1400
Interior Features
- Appliances: Refrigerator, Stove
- Living Area: 1400
Exterior & Lot Features
- Lot Features: Irregular lot size
- Water Source: Municipal water
- Parking Total: 8
- Lot Size Dimensions: Bldg=123.75 x 50 FT ; Irregular Lot
Location & Community
- Directions: ELLIOTT ST & FRASER AVE
Tax & Legal Information
- Tax Annual Amount: 8098
- Zoning Description: COMMERCIAL
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