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🛏️
6 Beds
🚿
5 Baths
🚗
0 Parking
📐
3500-5000

$10,000,000

Store W Apt/Office

50 Mill Street W, Centre Wellington, ON N0B 1S0Elora/Salem

Listing Overview

MLS ID:X12472597
Status:New
Type:Residential Freehold / Store W Apt/Office
Style:3-Storey
Living Area:3500-5000
Taxes:$5,701.55 / yr (2025)
Days on Market:169
Listed:2025-10-20
Last Updated:Oct 20, 2025
Cross Street:Metcalfe/Mill
Data Source:PROPTX

Interior

Beds (above):6
Bathrooms:5
Kitchens (above):2
Basement:Unfinished

Utilities

Heat Type:Baseboard
Heat Source:Electric

Outdoor / Lot

Lot Size:× 70.54ft
Direction Faces:South
Waterfront:Yes

Parking

Garage Type:None
Covered Spaces:0
Parking Spaces:0
Total Parking:0

Description

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.

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