50 Mill Street W Centre Wellington, ON N0B 1S0
Listing Courtesy of: PropTX - IDX / Royal Lepage Rcr Realty

  50 Mill Street W Centre Wellington, ON N0B 1S0

Active
$10,000,000 (CAD)
6
BED
5
BATH
3500-5000
SQFT

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.

MLS®:
X12472597
Taxes
$5,702(2025)
Type
Single-Family Home
Style
3-Storey
County
Wellington County
Community
Elora/Salem

Listed By

Royal Lepage Rcr Realty
Source
PropTX - IDX
Last checked Oct 24 2025 at 6:30 PM EDT
Bathroom Details
Interior Features
  • Water Softener
  • Water Heater Owned
Property Features
  • Fireplace: Natural Gas
  • Foundation: Stone
Heating and Cooling
  • Baseboard
  • Window Unit(s)
Basement Information
  • Unfinished
Pool Information
  • None
Exterior Features
  • Stone
  • Roof: Shingles
Utility Information
  • Fuel: Electric
  • Energy: Energy Certificate: No
Garage
  • None
Parking
  • Street Only
Stories
  • 3
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Disclaimer: Copyright 2025 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/24/25 11:30