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NATALIA BIRNBAUM

natalia@ilookoutforyou.ca +1(647) 847-5665

$ 7,999,000

Est. payment | -/mo

4,990 SqFt

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$ 7,999,000

Est. payment | -/mo

Save Virtual Tour

4,990 SqFt

Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Square Footage 4,990 sqft

Price per Sqft $1,603

Subdivision Elora/Salem

MLS Listing ID X12472565

Annual Tax Amount $5,701

Tax Year 2025

Property Sub-Type Store W Apt/Office

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.

Location

Province ON

County Wellington

Area Wellington

Interior

Cooling Partial

Exterior

Community Features Greenbelt/Conservation

Utilities Available Available

Lot Frontage 44.7

Lot Depth 70.54

Others

Security Features No

ParcelsYN No

Virtual Tour https://youtu.be/q1lRY5yq2z8

Listed by ROYAL LEPAGE RCR REALTY

NEARBY SCHOOLS & PROPERTIES

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"My job is to guide clients through the intricate process of buying or selling real estate with expertise, integrity, and unwavering dedication, ensuring their goals are not just met but exceeded as they embark on their journey towards homeownership and financial prosperity."

+1(647) 847-5665

natalia@ilookoutforyou.ca

938 Eglinton Ave W, Toronto, M6C 2C2, Canada

50 Mill ST W Centre Wellington, ON N0B 1S0

NATALIA BIRNBAUM

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50 Mill ST W

50 Mill ST W Centre Wellington, ON N0B 1S0

NATALIA BIRNBAUM

Key Details

Location

Interior

Exterior

Others

NEARBY SCHOOLS & PROPERTIES

EXCLUSIVE

GOODBYE BIDDING WARS!Sign up now to receive notifications when we have off-market properties that match your criteria.

MY BLOGS

LUXURIOUS LIVING 2675A BATHURST ST, TORONTO: A Rare Gem in Bedford Park-Nortown

A SPECTACULAR 12-BEDROOM HOME: 102 Frontenac Ave Toronto

HOW CAN WE HELP?

Go tour this home

50 Mill ST W

GOODBYE BIDDING WARS!
Sign up now to receive notifications when we have off-market properties that match your criteria.