50 Mill St W

Centre Wellington, ON N0B 1S0
  • $10,000,000

    Price
  • 6

    Bed
  • 5

    Bath
  • 3,500

    SqFt

About the Listing 074500 -

In the heart of historic Elora, where cobblestone charm meets the gentle flow of the Grand River, stands a property that captures the very essence of this beloved village. Surrounded by artisan shops, cafés, and galleries, this stunning building is more than a place of business; it is a cornerstone of opportunity in one of Ontario's most picturesque and thriving communities. Set along the river's edge, the rear of the property opens to a raised deck and stone patio offering an extraordinary vantage point. Here, the sound of rushing water and views of the Grand create a setting that draws people in and keeps them lingering, an atmosphere ideal for a destination business or a peaceful retreat for those who call it home. The main level features a beautifully maintained commercial unit perfectly suited for a boutique, gallery, or café. With high visibility and steady foot traffic, it offers the ideal stage for an entrepreneur or investor looking to establish a lasting presence in downtown Elora. Above, two separately metered two-bedroom apartments provide additional versatility and income potential. These bright, inviting spaces are rich with character and offer views that celebrate the river and the surrounding heritage architecture. Owning a property that combines commercial and residential spaces opens a world of possibility. Operate your own business below while living steps away, or lease both levels for a steady multi-stream income. The configuration offers flexibility to evolve with your goals today, tomorrow, and years into the future. Few properties balance such beauty, functionality, and potential. With its riverfront setting, historic character, and prime location within Elora's lively core, this is an opportunity to invest in a building that embodies the soul of the village itself - creative, enduring, and full of promise.

Listing Highlights for 50 Mill St W

Status Active
Days on Site 15
Property Type Residential
MLS ® X12472597
Year Built
Total Square Footage 3,500
Lot/Acreage N/A

Interior Details

  • Bedrooms: 6
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating:
  • Fireplaces: Natural Gas
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Unfinished
  • Other: Water Softener,Water Heater Owned
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Roof: Shingles
  • Others:
  • Sewer:
  • Parking Features: Street Only

Financial Details

  • Tax Amount: $5,702
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 714100091
  • Tax Year: 2025

Payment Calculator

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Listing Location

Questions About..

50 Mill St W Centre Wellington, ON N0B 1S0

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