3 Elora Street

Mapleton, ON

1 bath
1,050 sqft
Commercial Retail
106 days on market

$544,900

Welcome to the heart of Alma - where small-town charm meets endless opportunity. Situated on a prominent corner lot in one of Mapleton Township's most welcoming communities, this beautifully versatile property offers the perfect blend of residential comfort with exciting commercial potential through desirable C1 zoning.The warm and inviting 3-bedroom home is ideal for families, entrepreneurs, investors, or those dreaming of a live/work lifestyle. Whether you envision a charming residence, boutique business, professional office, studio space, or future redevelopment opportunity, this property offers flexibility rarely found in today's market. Inside, enjoy a comfortable and functional layout with important updates already completed, including forced air heating, updated ductwork and furnace, and a newer roof (2018) - bringing peace of mind and everyday comfort. Outside, the detached 18' x 24' garage and expansive parking for up to 12 vehicles provide exceptional convenience for family living, recreational use, client parking, home-based business needs, or future expansion possibilities. Located steps from the community skating rink, community centre, and public school, this property embraces the true feel of village living while remaining conveniently connected to Fergus, Elora, Guelph, Waterloo, Kitchener, and Orangeville for easy commuting.Surrounded by local businesses, community spirit, and growing opportunity, this is more than just a property, it's a chance to create the lifestyle, business, or future you've been dreaming about.

Listing Details

Taxes (2025): $3,602
Listed: May 26, 2026

Price History

Listing history

Property

Lot Size: 100 x 132.13 Feet

Parking

Garage: Other

Location & Legal

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

Included

Inclusions: Fridge, Stove, Dishwasher, Washer, Dryer, Wood fireplace, AC window unit x 1 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: $720,000
Homes sold: 55
Median days on market: 32
Sale-to-list price: 97.2%

Based on 55 recorded sales of commercial properties in Mapleton over the last 12 months.

Listed by

RE/MAX REALTRON REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Building area: 1,050 sq ft
Price per sq ft: $518.95
Annual property tax: $3,602
Tax per sq ft: $3.43

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

Reita | Assistant

Online

Reita is an automated assistant, not a licensed real estate agent. This listing mentions parking for up to 12 vehicles. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?