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Tony & Ledi Real Estate Team

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Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

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

Zoning C1

Interior

Cooling Partial

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

Exterior

Community Features Greenbelt/Conservation

Utilities Available Available

Lot Frontage 44.7

Lot Depth 70.54

Others

Security Features No

ParcelsYN No

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Listed by ROYAL LEPAGE RCR REALTY

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50 Mill ST W Centre Wellington, ON N0B 1S0

Tony & Ledi Real Estate Team

Key Details

Location

Interior

Exterior

Others

50 Mill ST W

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