© 2026 HomeSix Realty Inc. All rights reserved.

MLS® X12472597
Centre Wellington, ON
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
Broker
ROYAL LEPAGE RCR REALTY
Own a home here? See what it could sell for.
Use this listing address as a starting point for a Home6 seller valuation.

Store W Apt/Office
50 Mill Street W Centre Wellington
Centre Wellington
Type
Store W Apt/Office
Basement
Unfinished
Parking
None (0)
Property Tax
~$5,702/yr
Heating
Baseboard
Buying Essentials
Square Feet
4250 sqft
Facing Direction
South
Parking
None (0)
Finances
List Price
$7,999,000
Price per SQFT
$1,882/sqft
Property Tax
~$5,702/yr
Property Specs
Property Type
Store W Apt/Office
MLS Size
4250 sqft
Basement
Unfinished
Living & Amenities
Heating Type
Baseboard
Features
Water Softener · Water Heater Owned
Policies & Utilities
Neighbourhood
Centre Wellington
Listed On
Oct 20, 2025
Days on Market
Current: 383 days
15.3 x 15.1
231 sqft
34.2 x 13.2
453 sqft
12.8 x 17.1
219 sqft
9.8 x 17.5
171 sqft
11.9 x 13.5
160 sqft
13.5 x 13.7
185 sqft
10.1 x 7.6
77 sqft
8.3 x 12.0
99 sqft
7.2 x 9.0
65 sqft
12.6 x 12.9
162 sqft
13.0 x 10.0
131 sqft
13.0 x 11.1
144 sqft
6.9 x 5.5
38 sqft
14.6 x 11.0
161 sqft
14.5 x 15.2
221 sqft
11.6 x 10.4
120 sqft
11.5 x 13.2
152 sqft
3.0 x 10.6
32 sqft
Rooms
18
Listed Room Area
2,821 sqft
Source
Estimated from MLS room dimensions
Learn about the area and demographics around this address.
Schools closest to 50 Mill Street W Centre Wellington.
Source: No verified source available.Catchment boundaries and ratings are shown only when available.
Active alternatives ranked by location, property type, price, bedrooms, size, bathrooms, and recency.
Recent sold or leased properties are shown separately from active alternatives.
Close to 50 Mill Street W Centre Wellington.