50 Mill Street W, Centre Wellington, ON

Centre Wellington, Elora/Salem Hood
Metcalfe/Mill
6 Br | 5 Bath | 3500-5000 Sqft
$10,000,000 For Sale

Property Overview

  • Store W Apt/Office — 3-Storey
  • SqFt: | 3500-5000 Sqft
  • Lot Size: 44.70 x 70.54 Feet
  • Age: n/a
  • Basement: Unfinished
  • Exterior: Stone
  • Taxes: 5,702 / 2025
  • Zoning: n/a
  • MLS #: X12472597
  • Heat Source: Electric , Baseboard

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.

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

Property Details

  • For: For Sale
  • Type: Store W Apt/Office
  • Style: 3-Storey
  • Lot: 44.70 x 70.54 Feet
  • Region: Wellington
  • Hood: Elora/Salem
  • Zoning: n/a
  • Lot Irreg: Fronting on: South
  • Fronting On: South

Building Details

  • Age: n/a
  • Exterior: Stone
  • Heat: Electric , Baseboard
  • A/C: Window Unit(s)
  • Interior Features: Water Softener, Water Heater Owned
  • Pool: None
  • Garage: None
  • Total Parking: 0.00
  • Driveway: Street Only

Property Interior

  • Sqft: 3500-5000 Sqft
  • Bed: 6
  • Bath: 5
  • Kitchen: 2
  • Family Room: No
  • Basement: Unfinished
Rooms Details

Other

Main Level

4.67 x 4.602

Other

Main Level

10.427 x 4.032

Other

Main Level

3.914 x 5.203

Other

Main Level

2.976 x 5.339

Bedroom

Upper Level

3.62 x 4.103

Bedroom

Upper Level

4.108 x 4.185

Bathroom

Upper Level

3.075 x 2.325

Kitchen

Upper Level

2.522 x 3.653

Dining Room

Upper Level

2.201 x 2.732

Living Room

Upper Level

3.843 x 3.924

Bedroom

Third Level

3.973 x 3.062

Bedroom

Third Level

3.96 x 3.383

Bathroom

Third Level

2.103 x 1.69

Kitchen

Upper Level

4.452 x 3.351

Living Room

Upper Level

4.425 x 4.647

Bedroom

Third Level

3.521 x 3.17

Bedroom

Third Level

3.505 x 4.021

Bathroom

Third Level

0.908 x 3.23

Property Listed by: ROYAL LEPAGE RCR REALTY
Virtual Tour: https://youtu.be/q1lRY5yq2z8

Home Valuation Estimate

What is 50 Mill Street W, Centre Wellington, ON worth in today’s Elora/Salem, Centre Wellington market?

This HomeZira valuation preview helps buyers and sellers think through the asking price for this 6-bedroom Store W Apt/Office with 3500-5000 sq. ft. in Elora/Salem, Centre Wellington. The full estimate reviews the property’s location, home type, bedroom count, size range, age, and nearby comparable market activity after sign-in.

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Location

  • Address: 50 Mill Street W
  • Neighborhood: Elora/Salem
  • Zip/Postal Code: N0B 1S0
  • Nearby Amenities:
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About 50 Mill Street W, Centre Wellington, ON N0B 1S0, Centre Wellington

Located at 50 Mill Street W, Centre Wellington, ON in Centre Wellington (Elora/Salem neighbourhood), near Metcalfe/Mill. This freehold home offers Store W Apt/Office, ["3-Storey"], 6 bedrooms, 5 bathrooms and 3500-5000 sq.ft. (approx.) in a layout suited to everyday family living. Basement: Unfinished • Garage: None • Heating: Electric Baseboard • Cooling: Window Unit(s). Property taxes are approximately $5,702 for 2025. 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 b.

FAQs for 50 Mill Street W, Centre Wellington, ON , Elora/Salem , Centre Wellington

What are the listing details for 50 Mill Street W, Centre Wellington, ON?
50 Mill Street W, Centre Wellington, ON is a Store W Apt/Office for sale in Centre Wellington, in the Elora/Salem neighbourhood, Wellington. The current list price is $10,000,000. MLS number: X12472597.
How many bedrooms and bathrooms does this home have?
50 Mill Street W, Centre Wellington, ON is listed as a Store W Apt/Office with a ["3-Storey"] style, featuring 6 bedroom(s) and 5 bathroom(s). The listed interior size range is 3500-5000 sq. ft..
What lot, basement, garage, or parking details are listed?
The lot size is listed as approximately 44.70 x 70.54 Feet. The basement is listed as: Unfinished. Garage type: None. Total parking: 0 space(s).
What heating, cooling, and exterior details are shown?
Heating is listed as: Electric, Baseboard. Cooling is listed as: Window Unit(s). Exterior/construction materials are listed as: Stone.
Where is this property located?
50 Mill Street W, Centre Wellington, ON is located in the Elora/Salem neighbourhood of Centre Wellington. The listed cross street is Metcalfe/Mill.
What information is available on this public listing page?
The public listing page shows current active listing information, property photos, room details when available, map location, listed price, property features, and contact options. Annual taxes are listed as $5,702 / 2025. Valuation tools and similar sold-property previews are available after sign-in where applicable, without displaying sold data in this public FAQ.

FAQ content is based on current active listing fields shown on this page. Sold prices, sold comparables, and VOW-only details are not included in this public FAQ.