
24 North Broadway Street
Centre Wellington, ON
2,972 sqft • Commercial Retail • 210 days on market
An extraordinary opportunity to establish a destination business in the heart of Belwood. Known as The Castle on the Hill, this iconic 1861 heritage stone schoolhouse sits on a prominent 0.83-acre site and is the cornerstone of the visionary Belwood Castles mixed-use development.The owner is seeking restaurant, hospitality, entertainment, service-based, or boutique accommodation operators and is open to partnering in the restoration, build-out, and long-term development of the entire property. Ideal for chefs, restaurateurs, experiential dining concepts, event venues, boutique inns, or bed and breakfast entrepreneurs looking to create something truly special.Planned features include approx. 3,000 sq ft of indoor hospitality space, dramatic heritage architecture (stone walls, exposed beams, fireplaces, bell tower), and up to 30,000 sq ft of leasable outdoor space for patios, gardens, and events. Previous uses include a celebrated fine-dining restaurant, B&B, and successful event venue, demonstrating strong market appeal.Located steps from Belwood Lake and within easy reach of Fergus, Elora, Guelph, and the GTA, this project is positioned to become the cultural and commercial heart of the village. Flexible zoning, build-to-suit options, and collaborative ownership structures available.A rare chance to build a legacy business in a landmark setting.
Listing Details
- Taxes (2025) — owner
- $8
- Listed
- January 29, 2026
Price History
Property
- Lot Size
- 235 x 155 Feet
Location & Legal
- Cross Street
- Highway 19 and North Broadway St
- Zoning
- C3
- Parcel Number
- 714940096
- Possession
- Immediate
Commercial
- Occupancy
- Vacant
- Rental Term
- 60-120 months
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.
Listed by
eXp Realty
Location
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