• Mobile: 416.877.3047
  • Office: 905-272-5000
  • Fax: 905-270-0047

$10,000,000
Available - For Sale
Listing ID: X12472597
50 Mill Stre West , Centre Wellington, N0B 1S0, Wellington


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.
Price $10,000,000
Taxes: $5701.55
Occupancy: Owner+T
Address: 50 Mill Stre West , Centre Wellington, N0B 1S0, Wellington
Directions/Cross Streets: Metcalfe/Mill
Rooms: 15
Bedrooms: 6
Bedrooms +: 0
Family Room: F
Basement: Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Other 15.32 15.09
Room 2 Main Other 34.21 13.22
Room 3 Main Other 12.82 17.06
Room 4 Main Other 9.77 17.52
Room 5 Upper Bedroom 11.87 13.45
Room 6 Upper Bedroom 13.48 13.74
Room 7 Upper Bathroom 10.1 7.64
Room 8 Upper Kitchen 8.27 11.97
Room 9 Upper Dining Ro 7.22 8.95
Room 10 Upper Living Ro 12.6 12.86
Room 11 Third Bedroom 13.02 10.04
Room 12 Third Bedroom 12.99 11.09
Room 13 Third Bathroom 6.89 5.54
Room 14 Upper Kitchen 14.6 10.99
Room 15 Upper Living Ro 14.53 15.25
Washroom Type No. of Pieces Level
Washroom Type 1 2 Main
Washroom Type 2 3 Upper
Washroom Type 3 4 Upper
Washroom Type 4 5 Upper
Washroom Type 5 0
Washroom Type 6 2 Main
Washroom Type 7 3 Upper
Washroom Type 8 4 Upper
Washroom Type 9 5 Upper
Washroom Type 10 0
Washroom Type 11 2 Main
Washroom Type 12 3 Upper
Washroom Type 13 4 Upper
Washroom Type 14 5 Upper
Washroom Type 15 0
Total Area: 0.00
Property Type: Store W Apt/Office
Style: 3-Storey
Exterior: Stone
Garage Type: None
(Parking/)Drive: Street Onl
Drive Parking Spaces: 0
Park #1
Parking Type: Street Onl
Park #2
Parking Type: Street Onl
Pool: None
Approximatly Square Footage: 3500-5000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Baseboard
Central Air Conditioning: Window Unit
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
$
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE RCR REALTY
Personal Picture
Paul Sanghera
Sales Representative
Dir:
416.877.3047
Bus:
905-272-5000
Fax:
905-270-0047
 
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At a Glance:
Type: Freehold - Store W Apt/Office
Area: Wellington
Municipality: Centre Wellington
Neighbourhood: Elora/Salem
Style: 3-Storey
Lot Size: x 70.54(Feet)
Approximate Age:
Tax: $5,701.55
Maintenance Fee: $0
Beds: 6
Baths: 5
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
Locatin Map:
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