$7,999,000

50 Mill Street W, Centre Wellington (Elora/Salem), Ontario

6

Beds

5

Baths

X12472597

MLS® Number

62

Days on Website

For Sale

Listing Type

$7,999,000 | Elora/Salem Centre Wellington (Elora/Salem) for Sale at 50 Mill Street W Centre Wellington (Elora/Salem)

Explore 50 Mill Street W, a Desirable Elora/Salem home for sale for $7,999,000! This Elora/Salem for sale in Centre Wellington (Elora/Salem) has been listed on Real-Estate.ca for 62 days under MLS® #X12472597. This home is a with 6 bedrooms and 5.00 bathrooms. Parking is No Garage, Street. Explore the Centre Wellington (Elora/Salem) real estate market and available Elora/Salem homes for sale!

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:6289)

Financial and Mortgage

List Price $7,999,000
Original Price $7,999,000
Monthly Payment $33,354/month
Get Prequalified
Days on Website 62

50 Mill Street W Details

Show Less

Construction and Lot

Bedrooms 6
Bathrooms 5.00
Half Baths 1
Parking No Garage, Street
Garages No Garage, Street
Has Basement No
Basement Unfinished, N/A
Foundation Stone
Cooling Window air conditioner
Heating Baseboard heaters, Electric
Exterior Stone
# of Stories 3

Exterior of 50 Mill Street W

Type Single Family
View Direct Water View
Amenities Fireplace(s)

Interior

Appliances Washer, Water softener, Dishwasher, Dryer, Microwave, Alarm System, Water Heater
Fireplace Yes
# of Fireplaces 3

Elora/Salem Information

About Elora/Salem in Centre Wellington (Elora/Salem)

Address 50 Mill Street W
Subdivision Elora/Salem
City Centre Wellington (Elora/Salem)
Province Ontario
Postal Code N0B1S0
Amenities Fireplace(s)
Office/Brokerage ROYAL LEPAGE RCR REALTY

Elora/Salem Map, Demographics, Characteristics

Book a Viewing of 50 Mill Street W and other Elora/Salem homes.

See 50 Mill Street W and other Elora/Salem homes for sale! Call 1 (866) 255-9555 to book a viewing of MLS® #X12472597 50 Mill Street W in Elora/Salem, Centre Wellington (Elora/Salem) Ontario, or fill out the form below. Looking for more Elora/Salem homes for sale in Centre Wellington (Elora/Salem)? Our top Centre Wellington (Elora/Salem) real estate specialists are ready to help you buy or sell in the Elora/Salem area. Contact us today!

Request a Showing

Provide a valid email address.
When would you like to view this property?