13 Mill Street
Centre Wellington, ON
4 bath • 4,510 sqft • Commercial Retail • 221 days on market
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.
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Listing Details
- Taxes (2026)
- $8,048
- Originally Listed
- $2,699,900
- Listed
- January 19, 2026
Price History
Listing history
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Property
- Age
- 100+
- Lot Size
- 33.16 x 137.21 Feet
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Geddes
- Zoning
- C1
- Parcel Number
- 714110033
- Possession
- Flexible
Commercial
- Business Type
- Other
- Occupancy
- Tenant
Included
- Inclusions
- AIR BnB appliances
- Exclusions
- King size bed and side tables in the loft suite, restaurant kitchen appliances
Community
Postal area N0B
- Population
- 86,919
- Private dwellings
- 31,269
- Median age
- 42.8
- Average household size
- 2.9
- Median household income
- $120,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Centre Wellington · last 12 months
- Median sold price
- $775,000
- Homes sold
- 475
- Median days on market
- 31
- Sale-to-list price
- 97.3%
Based on 475 recorded sales of commercial properties in Centre Wellington over the last 12 months.
Listed by
RE/MAX Real Estate Centre Inc
Location
Street View
Commercial figures
- Building area
- 4,510 sq ft
- Price per sq ft
- $576.47
- Annual property tax
- $8,048
- Tax per sq ft
- $1.78
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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