3 Elora Street

Mapleton, ON

1 bath • 1,050 sqft • Commercial Retail • 132 days on market

$549,000

Welcome to an exceptional opportunity in the charming Village of Alma. Situated on a prominent corner lot with desirable C1 zoning, this versatile property offers the rare ability to live, work, invest, or develop in one of Wellington County/Mapleton township's most welcoming communities. The solid 3-bedroom home provides a comfortable living space or an ideal foundation for a live/work concept, professional office, boutique storefront, or future redevelopment. A detached 18' x 24' garage and parking for up to 12 vehicles add incredible functionality - perfect for business operations, client access, or future expansion. Recent improvements include forced air heating with updated ductwork and furnace, along with a new roof (2018), providing both comfort and peace of mind for years to come. Alma offers the charm of small-town living paired with excellent connectivity. Enjoy a community skating rink just steps away, nearby community centre and public school, and quick access to Fergus and Elora, with convenient commuting to Guelph, Waterloo, Kitchener, and Orangeville. Surrounded by thriving local businesses and a strong sense of community, this property presents a unique opportunity to create something truly special.

Listing Details

Taxes (2025): $3,602
Listed: April 11, 2026

Price History

Listing history

Property

Lot Size: 100 x 132.13 Feet

Location & Legal

Cross Street: Peel St E and Elora St N
Zoning: C1
Parcel Number: 714370212
Possession: Flexible

Commercial

Occupancy: Vacant

Included

Inclusions: Fridge, Stove, Dishwasher, Washer, Dryer, Wood fireplace, AC window unit on main floor, AC window units in 2 upstairs bedrooms, All ELFs
Exclusions: Seller's belongings
Rental Items: None

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 Mapleton · last 12 months

Median sold price: $725,000
Homes sold: 52
Median days on market: 32
Sale-to-list price: 97.8%

Based on 52 recorded sales of commercial properties in Mapleton over the last 12 months.

Listed by

FOREST HILL REAL ESTATE INC.

Walk Score

Walk

Bike

Scores by Walk Score®