88 ELLIOTT STREET, Brampton (Downtown Brampton)88 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 288 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 388 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 488 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 588 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 688 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 788 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 888 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 988 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 1088 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 1188 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 1288 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 1388 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 1488 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 1588 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 1688 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 1788 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 1888 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 1988 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 2088 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 2188 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 2288 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 2388 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 2488 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 2588 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 2688 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 2788 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 2888 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 2988 ELLIOTT STREET, Brampton (Downtown Brampton) — photo 30
1/30
For Sale · Retail

88 ELLIOTT STREET, Brampton (Downtown Brampton)

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

$1.4M total

—

Asset Class

Retail

Size

—

Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

—

Occupancy

88%

Lot Size

1800 ac

About this property

Excellent investment opportunity in Downtown Brampton. C2-zoned two-storey commercial building featuring a long-established convenience store operating on the main floor for approximately 20 years. The second floor is currently configured as a two-bedroom apartment with office space, and the Seller advises that the residential rental use is licensed by the City. The upper level also offers potential for commercial office use, subject to City approval and verification of permitted uses.Approximately 1,800 sq. ft. above grade on an irregular 5,795.75 sq. ft. lot, with seven parking spaces. Highly convenient location close to Main Street, Downtown Brampton, Brampton GO and bus transit, Four Corners Library, Peel Memorial, schools, places of worship, shops and services. Brampton Memorial Arena is directly across the street, offering nearby hockey, skating, lacrosse, basketball, baseball, softball and other recreational activities. Survey available. Tenant occupied. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.45M
Down payment30% · $435K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$70K

Annual cash flow

$-10K

Cash-on-cash

-2.33%

DSCR

0.87

Going-in cap

4.84%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

112,799

Households

39,395

Median income

$125,500

Median age

37

Daytime population

155,496

5-yr growth

2.2%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 88 ELLIOTT STREET, Brampton (Downtown Brampton).

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.