For Sale: 50 Mill Street W, Centre Wellington, ON - REW
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$10,000,000
6 bd • 5 ba • sf • House
50 Mill Street W
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$10,000,000
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50 Mill Street WCentre Wellington, ON, N0B 1S0

Elora/Salem
  • 6 Bed
  • 5 Bath
  • Sqft
  • House

About this home

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. (id:63626)
Listed by: Wayne Baguley, Salesperson, ROYAL LEPAGE RCR REALTY

Home facts and features

Price details
List Price
$10,000,000
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Gross Taxes for 2026
$5,702
Home facts
Bedrooms
6
Full Bathrooms
4
Partial Bathrooms
1
Parking Details
No Garage, Street
Property Type
House
Depth
70.54 feet
Frontage
44.8 feet
Exterior Finish
Stone
Heating Type
Baseboard heaters, Electric
Cooling
Window air conditioner
Basement Details
Unfinished,
Features
Fireplace(s), Security system
Appliances
Alarm System, Dishwasher, Dryer, Microwave, Washer, Water Heater, Water softener
Community
Agent details
Primary Agent
Wayne Baguley
Primary Broker
ROYAL LEPAGE RCR REALTY
Listing details
Days on REW
141 Days
Property Views
44
MLS® Number
X12472597
Source
Canadian Real Estate Association
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Property Insights

Montessori School of Elora
  • Private
  • PS - 1
St Mary Catholic School
  • Catholic
  • JK - 8
Elora Public School
  • Public
  • JK - 8
Salem Public School
  • Public
  • JK - 6
James McQueen Public School
  • Public
  • JK - 6
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Call Agent
Salesperson
Wayne Baguley
Phone:
(519) 848-2819
Office:
519-941-5151
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