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Listed price in listed location currency (CAD).
$10,000,000

650

MLS® X12472597

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Mixed Use
Levels Residential
Size -
Garage No
Maintenance Fees 
Taxes $5,702
Days Active 13
Approx. Age 
MLS® Number X12472597

Property Address: 50 Mill St W, Elora, ON, N0B1S0

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberX12472597
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Rooms

Other:Main Floor17.07 × 12.83 ft

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 20, 2025List Date
$10,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
50 Mill St W, Elora, ON

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