Price ChangeFor Sale

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

Store W Apt/Office
TRREB
MLS® Number: X12472565
$7,999,000List Price
Store W Apt/OfficeProperty Type
4,990 sq ftSize
$5,701.55 / 2025Taxes (Annual)
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$7,999,000
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Listing History

Buy/sell history for 50 Mill Street W, Centre Wellington, ON N0B 1S0

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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.

Features

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Amenities

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Summary

Tax (Annual):$5,701.55 / 2025
Listing #:X12472565
Property Type:Store W Apt/Office
Size:4,990 sq ft
Land Size:44.7 x 70.54
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:ROYAL LEPAGE RCR REALTY

Rooms

Details

Property

Property Type:Store W Apt/Office
Community:Elora/Salem
Municipality:Wellington

Building

Size:4,990 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

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

Utilities

Cooling:Partial
Heating Type:Other

Land

Cross Street:Metcalfe/Mill

$7,999,000

List price

50 Mill Street W, Centre Wellington – Store W Apt/Office for sale