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Business For Sale · Specialty

88 ELLIOTT STREET, Brampton (Downtown Brampton)

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

$1.4M total

1,800 SF

Asset Class

Specialty

Size

1,800 SF

Building class

A

Zoning

US — Urban Services

$ / SF

$806

Occupancy

98%

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
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$94K

Annual cash flow

$14K

Cash-on-cash

3.11%

DSCR

1.17

Going-in cap

6.48%

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.

Rent roll (estimated)

TenantAreaExpiry
Prairie Coffee Roasters1,179 SF2031-10
Prairie Coffee Roasters400 SF2031-11
Prairie Coffee Roasters400 SF2031-11

Area demographics

Trade area within 3 miles of the property.

Population

130,888

Households

56,291

Median income

$85,000

Median age

43.9

Daytime population

203,304

5-yr growth

8.3%

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.