$1,850,000Asking Price
This one-of-a-kind property is ideal for home-based entrepreneurs and investors. Plans to extend town services past the property opens up a world of possibilities. Set on 1.8 prime acres on the edge of Elora, this architecturally gem of a building has been completely renovated and reimagined by the current owners to offer both stunning residential space and versatile commercial potential.The upper level boasts over 2,500 square feet of beautifully finished, open-concept living with soaring 13-foot ceilings, original hardwood floors, and an abundance of natural light. A chefs kitchen anchors the space, while the expansive primary suite offers a private retreat. Two additional bedrooms and a full bath complete the residential layout. Recent upgrades include two large new windows, a brand-new front door, and updated stone and vinyl siding for a modern, refreshed exterior. The lower level, also above grade, features more than 1,700 square feet of open-span finished space perfect for a workshop, studio, rec room or business. It includes two oversized garage bays, a utility/storage bay, and a bathroom. With the proper approvals, this level could potentially be converted into a residential rental unit. In total, the property offers over 4,200 square feet of usable space. Two separate paved driveways and a large rear parking area provide ample room for vehicles, clients, or equipment. A generous green space out back offers potential for an accessory structure and now features a new above-ground pool, perfect for relaxing or entertaining.
This one-of-a-kind property is ideal for home-based entrepreneurs and investors. Plans to extend town services past the property opens up a world of possibilities. Set on 1.8 prime acres on the edge of Elora, this architecturally gem of a building has been completely renovated and reimagined by the current owners to offer both stunning residential space and versatile commercial potential.The upper level boasts over 2,500 square feet of beautifully finished, open-concept living with soaring 13-foot ceilings, original hardwood floors, and an abundance of natural light. A chefs kitchen anchors the space, while the expansive primary suite offers a private retreat. Two additional bedrooms and a full bath complete the residential layout. Recent upgrades include two large new windows, a brand-new front door, and updated stone and vinyl siding for a modern, refreshed exterior. The lower level, also above grade, features more than 1,700 square feet of open-span finished space perfect for a workshop, studio, rec room or business. It includes two oversized garage bays, a utility/storage bay, and a bathroom. With the proper approvals, this level could potentially be converted into a residential rental unit. In total, the property offers over 4,200 square feet of usable space. Two separate paved driveways and a large rear parking area provide ample room for vehicles, clients, or equipment. A generous green space out back offers potential for an accessory structure and now features a new above-ground pool, perfect for relaxing or entertaining.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
2 4-Piece Bathrooms on Main Floor | ||||
1 2-Piece Bathroom |
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Elora/Salem, Centre Wellington is a west GTA neighbourhood notable for its university grads, executives and business and education, law & public sector professionals. Residents tend to be older with a significant number of kids aged 10 to 14, youth aged 15 to 19, adults aged 40 to 59 and seniors aged 70 to 74.
Kids Per Family
1.0
kids per family
in the neighbourhood.
35%
of residents are
single and loving it.
35% singles
Centre Wellington (36%)
14%
of residents
are renters.
14% renters
Centre Wellington (18%)
31%
of residents are
university grads.
31% university grads
Centre Wellington (26%)Average Household Income
$129K
is the average household
income in the neighbourhood.
Professions
Sales | 13% |
Trades | 11% |
Business | 9% |
Government | 8% |
Management | 8% |
9%
of residents were
born outside of Canada.
9% immigrants
Centre Wellington (10%)3.9% from UK
All-time
0.4% from UK
Recent
Foreign Languages
German | 2% |
Dutch | 1% |
French | 1% |
Religions
Christian | 76% |