41 m
Distance
6
Beds
5
Baths
-
Sq Ft
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, cafs, 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. (id:58753)
Listing By: WAYNE BAGULEY - ROYAL LEPAGE RCR REALTY 
- MLS® X12472597
- Date Listed10/20/2025
- Days on Realty 283 Days
- Bedrooms 6
- Bathrooms 5 baths
- Lot Size -
- Property Type Mixed Use
- Water Public
Interior Features
- Appliances Washer, Water softener, Dishwasher, Dryer, Microwave, Alarm System, Water Heater
- Cooling Window air conditioner
- Heating Baseboard heaters, Electric
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
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.
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 50 MILL STREET W, Centre Wellington (Elora/Salem), ON N0B1S0
Frequently Asked Questions for 50 MILL STREET W
Source: Realty.com
50 MILL STREET W, Centre Wellington (Elora/Salem), ON N0B1S0 in Centre Wellington (Elora/Salem), ON N0B1S0 is a mixed use listed at $7,999,000. Highlights include 6 bedrooms, 5 bathrooms. Realty.ca has 32 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 32 photos of 50 MILL STREET W.
The full address for this home is 50 MILL STREET W, Centre Wellington (Elora/Salem), ON N0B1S0.
50 MILL STREET W has been listed on Realty.com since Mon October 20, 2025
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:
ROYAL LEPAGE RCR REALTY
Listing agent:
WAYNE BAGULEY
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