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$ 1,600,000
Est. payment | /mo
2 Baths
$ 1,600,000
Est. payment | /mo
2 Baths
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Downtown Brampton
MLS Listing ID W12421352
Annual Tax Amount $8,517
Tax Year 2024
Property Sub-Type Investment
Property Description
Zoning C1 - For Sale - 88 Elliott Street, BramptonCorner Free-Standing Mixed-Use Building | Commercial + Residential Income | Redevelopment PotentialA well-kept, free-standing mixed-use building positioned on a prominent corner in downtown Brampton. This property offers stable commercial and residential income with the added benefit of long-term redevelopment potential, making it ideal for investors or owner-operators.Property HighlightsGround Floor (Commercial): Approx. 1,000 sq. ft. convenience store operating in the neighbourhood for decades Long-standing business with consistent foot traffic and steady income Main street exposure with strong visibilitySecond Floor (Residential): Approx. 1,000 sq. ft. two-bedroom apartment Suitable for owner occupancy or as an income-producing rental unitSite Details: Total building area: Approx. 2,000+ sq. ft. Lot size: Approx. 3,900 sq. ft. On-site parking for 6-8 vehicles with easy corner accessLocation AdvantagesLocated in the heart of downtown Brampton, steps from the Brampton GO Station, Algoma University, schools, parks, restaurants, and daily conveniences. This area offers strong pedestrian and vehicular activity, excellent connectivity, and a mix of residential, educational, and commercial destinations that support long-term demand.Zoning & Future PotentialCommercial zoning permits a variety of uses, offering flexibility for future operations. The site also presents an opportunity for low-rise mixed-use redevelopment.
Location
Province ON
County Peel
Area Peel
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Available
Lot Frontage 123.75
Lot Depth 50.0
Others
Security Features No
ParcelsYN No
Listed by RE/MAX ALL-STARS REALTY INC.