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50 Mill Street W, Centre Wellington, ON, N0B 1S0

MLS® # X12472597

new listing

House For Sale In Centre Wellington

$10,000,000

6 Beds

5 Baths

QuickQuoteTM: Not Available
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
50 Mill Street W, Centre Wellington, ON
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50 Mill Street W, Centre Wellington, ON, N0B 1S0
$10,000,000

6 Beds

5 Baths

Property Information:

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.

Inclusions: 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 Features:

  • Annual Tax Amount: $5,701
  • Access To Property:
  • Architectural Style: 3-Storey
  • Basement: Unfinished
  • Construction Materials: Stone
  • Cooling: Window Unit(s)
  • Fireplace Features: Natural Gas
  • Floor Space (approx): 3500-5000 Square Feet
  • Foundation Details: Stone
  • Garage Type: None
  • Heat Type: Baseboard
  • Interior Features: Water Softener, Water Heater Owned
  • Lot Depth: 70.54 Feet
  • Lot Frontage: 44.7 Feet
  • Parking Features: Street Only
  • Pool Features: None
  • Roof: Shingles
  • Security Features: Security System
  • Waterfront: Direct
  • Waterfront Features: River Front
  • Heat Source: Electric
  • Water: Municipal

Rooms:

  • Other Main Level 4.67 m x 4.602 m
  • Other Main Level 10.427 m x 4.032 m
  • Other Main Level 3.914 m x 5.203 m
  • Other Main Level 2.976 m x 5.339 m
  • Bedroom Other level :Upper 3.62 m x 4.103 m
  • Bedroom Other level :Upper 4.108 m x 4.185 m
  • Bathroom Other level :Upper 3.075 m x 2.325 m
  • Kitchen Other level :Upper 2.522 m x 3.653 m
  • Dining Other level :Upper 2.201 m x 2.732 m
  • Living Other level :Upper 3.843 m x 3.924 m
  • Bedroom 3rd Level 3.973 m x 3.062 m
  • Bedroom 3rd Level 3.96 m x 3.383 m
  • Bathroom 3rd Level 2.103 m x 1.69 m
  • Kitchen Other level :Upper 4.452 m x 3.351 m
  • Living Other level :Upper 4.425 m x 4.647 m
  • Bedroom 3rd Level 3.521 m x 3.17 m
  • Bedroom 3rd Level 3.505 m x 4.021 m
  • Bathroom 3rd Level 0.908 m x 3.23 m

Convert Measurement to:

Data provided by: Toronto Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

Single family detached

0.86%

Price change (1 year)

38.88%

Price change (5 years)

All Properties

0.93%

Price change (1 year)

39.02%

Price change (5 years)

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Location of 50 Mill Street W, Centre Wellington, ON, N0B 1S0


Demographic Information of 50 Mill Street W, Centre Wellington, ON, N0B 1S0

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$137,047.64

Average Number of Children

1.82

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.8 %

High school certificate or equivalent

29.22 %

Apprenticeship trade certificate/diploma

7.96 %

College/non-university certificate

23.74 %

University certificate (below bachelor)

2.96 %

University Degree

27.31 %

Commuter

Travel To Work

By Car

94.32 %

By Public Transit

0.0 %

By Walking

0.29 %

By Bicycle

0.03 %

By Other Methods

5.36 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

2.54 %

Houses

97.46 %

Own Vs. Rent

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