$ 1.898.000

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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Days until Sold
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Nearby Places

Name
Type
Address
Distance
Gage Park
Park
45 Main St N
0.5 km
Vesuvio Ristorante
Restaurant
91 George St S
0.6 km
Peel Art Gallery Museum and Archives.
Museum
9 Wellington St E
0.7 km
Brampton City Hall
City hall
2 Wellington St W
0.7 km
Fanzorelli's Restaurant & Lounge
Store
50 Queen St W
0.8 km
Cardinal Leger Catholic Secondary School
School
75 Mary St
0.8 km
La Capannina Restaurant
Restaurant
21 George St N
0.8 km
Rose Theatre Brampton
Establishment
1 Theatre Ln
1.0 km
Tracks Brewpub
Bar
60 Queen St E
1.0 km
Sir William Gage Middle School
School
625 Queen St
1.5 km
Brampton Centennial Secondary School
School
251 McMurchy Ave S
1.5 km
Osso Bucco Ristorante
Restaurant
341 Main St N
1.8 km

Demographic Information

Neighbourhood Education
Master's degree 20
Bachelor's degree 60
University / Above bachelor level 15
College 90
University degree at bachelor level or above 105
Neighbourhood Marital Status Stat
Married 190
Widowed 15
Divorced 20
Separated 10
Never married 95
Living common law 40
Married or living common law 230
Not married and not living common law 140
Neighbourhood Construction Date
1961 to 1980 35
1960 or before 125
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  • RODICA ILIESCU
  • RE/MAX ALL-STARS REALTY INC.
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