Sunday, July 12th, 2026

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$2,599,900
Available - For Sale
Listing ID: X12708066
Big price improvement same incredible opportunity! Iconic Mixed-Use Investment Opportunity in Downtown Elora. A rare chance to own a landmark stone building in the heart of highly sought-after downtown Elora. 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 offering modern systems, finishes, and functionality throughout. The restaurant includes a full-service patio overlooking 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. Downtown Elora. Iconic setting. Proven income. Exceptional upside.
Price $2,599,900
Taxes: $8,047.65
Tax Type: Annual
Assessment Year: 2026
Occupancy by: Tenant
Address: 13 Mill Street East , Centre Wellington, N0B 1S0, Wellington
Postal Code: N0B 1S0
Province/State: Wellington
Legal Description: PT LT 12 S/S PEEL ST PL 181 ELORA PT 1 &
Directions/Cross Streets: Geddes
No. of Pieces Level
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Washroom 65 0
Category: Multi-Use
Use: Other
Building Percentage: T
Total Area: 4,510
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Greenbelt/Conse   Recreation/Comm
Approximatly Age: 100+
Maintenance: 0
Sprinklers: Yes
Outside Storage: F
Rail: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX Real Estate Centre Inc

13 Mill Street East , Centre Wellington, N0B 1S0, Wellington

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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At a Glance:
Type: Com - Commercial Retail
Area: Wellington
Municipality: Centre Wellington
Neighbourhood: Elora/Salem
Style:
Lot Size: x 137.21(Feet)
Approximate Age: 100+
Tax: $8,047.65
Maintenance Fee: $0
Beds: 0
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com