$2,299,000
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13 Mill Street E, Centre Wellington (elora/salem), ON N0B1S0

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- Beds
4 Baths
4,510 Sq Ft

An incredibly rare chance to own a landmark stone building on the river in the heart of highly sought-after show piece downtown of Elora Ontario. Year round income with a proven cap rate with even more room to grow the bottom line. This exceptional property features two residential income units, a successful, established restaurant, and an additional storefront commercial unit, making it a truly diversified and tremendous portfolio opportunity. Meticulously updated and renovated to the highest standards, the building showcases timeless stone craftsmanship while boasting modern systems, finishes, and functionality throughout. The restaurant includes a full-service patio backing right on to the Grand River, delivering an unmatched dining experience and strong draw for locals and visitors alike. Positioned in a high-traffic location, surrounded by boutiques, tourism, and year-round foot traffic, this property benefits from Elora's vibrant downtown energy and enduring demand. Whether you're an investor seeking stable income, a business owner looking for a signature location, or a portfolio builder targeting premier assets, this is a once-in-a-generation opportunity in one of Ontario's most desirable small towns. Come see why Elora is the answer. (id:58753)

Listing By: JIM BOWMAN - RE/MAX Real Estate Centre Inc
Source: CREA #X12988202 Listing provided courtesy of Canadian Real Estate Association
  • MLS® X12988202
  • Date Listed04/12/2026
  • Days on Realty 173 Days
  • Bedrooms -
  • Bathrooms 4 baths
  • Lot Size -
  • Property Type Other
  • Water Public
  • Square Feet 4,510 sq. ft
  • Price Per Sq. Ft $509.76

Interior Features

  • Cooling Fully air conditioned
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Conservation/green belt

Directions

Cross Streets: Metcalfe. ** Directions: Metcalfe St turn left on Mill St property on the rightCross the bridge on Metcalfe St and turn right on Mill St. Property is on the right.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N0B1S0

Discover key demographics, population statistics, and environmental insights for the Centre Wellington (elora/salem), ON area.

Walkability in ON / N0B1S0

Source: Walk Score

82/100

Very Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

45/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 0/100, Bike Score: 23/100.

Points of Interest near 13 MILL STREET E, Centre Wellington (Elora/Salem), ON N0B1S0

Frequently Asked Questions for 13 MILL STREET E

Source: Realty.com

13 MILL STREET E, Centre Wellington (Elora/Salem), ON N0B1S0 in Centre Wellington (Elora/Salem), ON N0B1S0 is a other listed at $2,299,000. Highlights include 4 bathrooms, 4,510 sq. ft., $510 per sq. ft.. Realty.ca has 41 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 41 photos of 13 MILL STREET E.

The full address for this home is 13 MILL STREET E, Centre Wellington (Elora/Salem), ON N0B1S0.

13 MILL STREET E has been listed on Realty.com since Sun April 12, 2026

Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 0/100, Bike Score: 23/100.

Listing provided courtesy of: RE/MAX Real Estate Centre Inc
Listing agent: JIM BOWMAN

This content last refreshed on 2026-10-02 02:06:40. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.