$ 2,299,000
-
$2,299,000
Price -
0
Bed -
4
Bath -
4,510
SqFt
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About the Listing 559703 -
An incredibly rare chance to own a landmark stone building on the river in the heart of highly sought-after show piece downtown of Elora Ontario. Year round income with a proven cap rate with even more room to grow the bottom line. 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 boasting modern systems, finishes, and functionality throughout. The restaurant includes a full-service patio backing right on to 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. Come see why Elora is the answer.
Listing Highlights
Status
Active
Days on Site
5
Property Type
Commercial Sale
MLS ®
X12988202
Year Built
Total Square Footage
4,510
Lot/Acreage
4658
Interior Details
- Bedrooms: 0
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Yes
- Heating: Gas Forced Air Open
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Sanitary+Storm
- Parking Features: No Garage
Financial Details
- Tax Amount: $8,048
- Taxes w/Assessments: N/A
- Tax/Property ID: 714110033
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Questions About..
13 Mill St E Centre Wellington, ON N0B 1S0
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