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For sale
  • C$7,999,000

    50 Mill St W, Centre Wellington, ON N0B 1S0

    6beds
    5baths
    Office
    Built in ----
    3,153 Square Feet Lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    Cobblestone charmExtraordinary vantage pointSound of rushing waterBeautifully maintained commercial unitTwo-bedroom apartmentsRich with characterHistoric character
    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.
    294 days
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    27
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    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    ROYAL LEPAGE RCR REALTY

    Source: TRREB,MLS®#: X12472597MLS LogoOriginating MLS®#: Toronto Regional Real Estate Board

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      Bedroom
      • Level: Upper
      • Dimensions: 3.62 x 4.1
      Bedroom
      • Level: Third
      • Dimensions: 3.97 x 3.06
      Bedroom
      • Level: Third
      • Dimensions: 3.51 x 4.02
      Bedroom
      • Level: Upper
      • Dimensions: 4.11 x 4.19
      Bedroom
      • Level: Third
      • Dimensions: 3.52 x 3.17
      Bedroom
      • Level: Third
      • Dimensions: 3.96 x 3.38
      Bathroom
      • Level: Upper
      • Dimensions: 3.08 x 2.33
      Bathroom
      • Level: Third
      • Dimensions: 0.91 x 3.23
      Bathroom
      • Level: Third
      • Dimensions: 2.1 x 1.69
      Dining room
      • Level: Upper
      • Dimensions: 2.2 x 2.73
      Kitchen
      • Level: Upper
      • Dimensions: 2.52 x 3.65
      Kitchen
      • Level: Upper
      • Dimensions: 4.45 x 3.35
      Living room
      • Level: Upper
      • Dimensions: 4.43 x 4.65
      Living room
      • Level: Upper
      • Dimensions: 3.84 x 3.92
      Other
      • Level: Main
      • Dimensions: 3.91 x 5.2
      Other
      • Level: Main
      • Dimensions: 4.67 x 4.6
      Other
      • Level: Main
      • Dimensions: 2.98 x 5.34
      Other
      • Level: Main
      • Dimensions: 10.43 x 4.03
      Heating
      • Baseboard, Electric
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Water Softener, Water Heater Owned
      Features
      • Basement: Unfinished
      • Has fireplace: Yes
      • Fireplace features: Natural Gas
      Interior area
      • Living area range: 3500-5000 null
      Video & virtual tour

      Property

      Parking
      • Parking features: Street Only
      Features
      • Stories: 3
      • Pool features: None
      • Water view: Direct
      • On waterfront: Yes
      • Waterfront features: River Front, Direct, River
      • Body of water: Grand River
      Lot
      • Size: 3,153 Square Feet
      Details
      • Parcel number: 714100091

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Office
      Materials
      • Stone
      • Foundation: Stone
      • Roof: Shingle

      Community & HOA

      Community
      • Security: Security System
      Location
      • Region: Centre Wellington

      Financial & listing details

      • Annual tax amount: C$5,701
      • Date on market: 10/20/2025

        Price history

        Price history is unavailable.

        Public tax history

        Tax history is unavailable.

        Climate risks

        Neighborhood: N0B

        Getting around

        82 / 100
        Very Walkable
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        No schools nearby

        We couldn't find any schools near this home.

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