Overview

This retail property in Brampton is for sale offering roughly 1,800 sq ft of space. It has been on the market 43 days, fresher than the Brampton average of 108 days.

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Description

88 Elliott Street | Downtown Brampton Downtown Brampton investment opportunity. A neighbourhood convenience store has operated for approximately 20 years on the main floor of this two-storey property. Upstairs, the two-bedroom apartment has a large kitchen and a spacious combined living and family room. The seller advises that the City has licensed the residential rental use. Directly across from Brampton Memorial Arena, the C2-zoned property offers approximately 1,800 sq. ft. above grade on an irregular 5,795.75 sq. ft. lot with seven parking spaces. Main Street shops, Brampton GO, bus transit, Four Corners Library and Peel Memorial are nearby. Tenant occupied. Survey available. (id:66096)

Property Details

MLS®: W13814638
Property Type: Retail
Zoning: COMMERCIAL
Bathrooms: 2
Parking: 7
Interior Size: 1,800 ft²
Frontage: 123 ft
Building Area: 1,800 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $9,428.28/yr
Listed: 43 days ago

Market Timing

Days on market

43d

Brampton (Downtown Brampton) listings, avg age

108d

Price / ft²

$806

List price

$1.45M

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This retail in Brampton (Downtown Brampton) has been listed for 43 days, which is 65 days fresher than the city average of 108. Act while there is still low competition.

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Area context

Neighbourhood profile (L6Y)

This home lists at $1,450,000, about 13.7× the local median household income of $106,000.

Carrying it typically needs a household income of about $283,236 (20% down, 25-yr amortization, stress-tested) — roughly 167% above the area median.

Median household income: $106,000
Population: 97,601
Median age: 35.6
Owner / renter: 70% / 30%
Avg. household size: 3.5

Source: Statistics Canada, 2021 Census (FSA L6Y)

$1,450,000· $806/ft²

For sale

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Financing

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88 Elliott Street, Brampton (Downtown Brampton) - Retail for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L6Y)

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