50 Mill St W Centre Wellington, ON N0B 1S0
50 Mill St W Centre Wellington, ON N0B 1S0 | MLS X12472597 Photo 1
50 Mill St W Centre Wellington, ON N0B 1S0 | MLS X12472597 Photo 2
50 Mill St W Centre Wellington, ON N0B 1S0 | MLS X12472597 Photo 3
50 Mill St W Centre Wellington, ON N0B 1S0 | MLS X12472597 Photo 4
50 Mill St W Centre Wellington, ON N0B 1S0 | MLS X12472597 Photo 5
For more information on this listing, contact us at: (647) 360-2908
Active
$7,999,000
-20%

50 Mill St W Centre Wellington, ON N0B 1S0

Store W Apt/Office Property Type
6 Beds
5 Baths
View All Property Details
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, caf s, 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 caf . 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 # X12472597
Monthly Assoc. Fee N/A
On Site 349 Days
Last Updated 9/19/2026

Location

Contact Agent

Ariez Reyes Tamboowalla

Ariez Reyes Tamboowalla

(647) 360-2908

Property Details

Community Information

Address 50 Mill St W, Centre Wellington, ON N0B 1S0
Area Wellington
Community Elora/Salem
Postal Code N0B 1S0

Architecture

Bedrooms 6
Bathrooms 5
Stories 3
Style 3-Storey
Construction Materials Stone
Roof Shingles
Foundation Details Stone
Basement Unfinished

Features / Amenities

Interior Features Water Softener, Water Heater Owned
Fireplace Features Natural Gas
Kitchens Total 2
Security Features Security System
Direction Faces South
Parking Features Street Only
Cooling Window Unit(s)
Heat Type Baseboard
Heat Source Electric

Property Features

Water View Direct
Sq. Ft. 3500-5000
Water Body Grand River River
Waterfront Direct
Waterfront Features River Front
Water Frontage 1
Access To Property Municipal Road
Directions Mill St. West of Metcalfe

Tax and Financial Info

Tax Annual Amount $5,701.55
Tax Year 2025

Listing Office

Listing provided courtesy of Royal Lepage Rcr Realty.

Rooms

LevelSize
OtherMain12.84 X 17.07
BedroomUpper11.88 X 13.46
BathroomUpper10.09 X 7.63
OtherMain15.32 X 15.10
KitchenUpper8.27 X 11.99
BedroomThird13.04 X 10.05
KitchenUpper14.61 X 10.99
OtherMain9.76 X 17.52
BedroomThird11.50 X 13.19
BedroomUpper13.48 X 13.73
OtherMain34.21 X 13.23
BedroomThird11.55 X 10.40
BathroomThird2.98 X 10.60
BedroomThird12.99 X 11.10
Dining RoomUpper7.22 X 8.96
BathroomThird6.90 X 5.54
Living RoomUpper14.52 X 15.25
Living RoomUpper12.61 X 12.87

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Price Change History

Date Old Price New Price Percent Change
6/24/2026 $10,000,000 $7,999,000
-20%

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Listing Information Last Updated 9/19/2026
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Property.ca Inc. Brokerage are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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50 Mill St W Centre Wellington, ON N0B 1S0
  • $7,999,000
  • 6 beds
  • 5 baths