Waterfront
Address
50 Mill Street W, Centre Wellington, ON
Price
$ 7,999,000
Property Attributes
- ID#X12472597
- TypeSingle Family
- Listing Status Active
- MunicipalityCentre Wellington
- CityCentre Wellington
- Postal CodeN0B 1S0
- Style
- Taxes$ 5701
- Price$ 7,999,000
- Bedrooms6
- Bathrooms5
- Half Bathrooms0
- Sqr Footage5000
Data Source:
RLP - CREA EN
Property 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.
General Features
| Terms | SALE |
|---|---|
| Property Sub Type | House |
| Carriage Trade | yes |
| jumpId | 26561973 |
| Property Subtype French | {} |
| Listing Type French | House |
| MLS | X12472597 |
| Inclusions | 2 fridges, 2 stoves, 2 dishwashers, 2 clothes washers and dryers, 3 microwaves, 3 hot water heaters, 3 gas fireplaces, 1 water softener, 6 portable air conditioning units, 3 alarm systems |
Interior Features
| Fireplace | yes |
|---|---|
| Living Area Range | 5000 sqft |
| Bedrooms | 6 |
| Beds | 6 |
| Total Baths | 5 |
| Total Baths | 5 |
Exterior Features
| Waterfront | yes |
|---|
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in N0B 1S0
Price
Taxes
Data provided by the Ontario Regional Technology & Information Systems. The information is deemed reliable, but is not guaranteed. Not intended to solicit buyers or sellers, landlords or tenants currently under contract.
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