$10,000,000Asking Price
In the heart of historic Elora, where cobblestone charm meets the gentle flow of the Grand River, stands a property that captures the very essence of this beloved village. Surrounded by artisan shops, cafés, and galleries, this stunning building is more than a place of business; it is a cornerstone of opportunity in one of Ontario's most picturesque and thriving communities. Set along the river's edge, the rear of the property opens to a raised deck and stone patio offering an extraordinary vantage point. Here, the sound of rushing water and views of the Grand create a setting that draws people in and keeps them lingering, an atmosphere ideal for a destination business or a peaceful retreat for those who call it home. The main level features a beautifully maintained commercial unit perfectly suited for a boutique, gallery, or café. With high visibility and steady foot traffic, it offers the ideal stage for an entrepreneur or investor looking to establish a lasting presence in downtown Elora. Above, two separately metered two-bedroom apartments provide additional versatility and income potential. These bright, inviting spaces are rich with character and offer views that celebrate the river and the surrounding heritage architecture. Owning a property that combines commercial and residential spaces opens a world of possibility. Operate your own business below while living steps away, or lease both levels for a steady multi-stream income. The configuration offers flexibility to evolve with your goals today, tomorrow, and years into the future. Few properties balance such beauty, functionality, and potential. With its riverfront setting, historic character, and prime location within Elora's lively core, this is an opportunity to invest in a building that embodies the soul of the village itself - creative, enduring, and full of promise.
In the heart of historic Elora, where cobblestone charm meets the gentle flow of the Grand River, stands a property that captures the very essence of this beloved village. Surrounded by artisan shops, cafés, and galleries, this stunning building is more than a place of business; it is a cornerstone of opportunity in one of Ontario's most picturesque and thriving communities. Set along the river's edge, the rear of the property opens to a raised deck and stone patio offering an extraordinary vantage point. Here, the sound of rushing water and views of the Grand create a setting that draws people in and keeps them lingering, an atmosphere ideal for a destination business or a peaceful retreat for those who call it home. The main level features a beautifully maintained commercial unit perfectly suited for a boutique, gallery, or café. With high visibility and steady foot traffic, it offers the ideal stage for an entrepreneur or investor looking to establish a lasting presence in downtown Elora. Above, two separately metered two-bedroom apartments provide additional versatility and income potential. These bright, inviting spaces are rich with character and offer views that celebrate the river and the surrounding heritage architecture. Owning a property that combines commercial and residential spaces opens a world of possibility. Operate your own business below while living steps away, or lease both levels for a steady multi-stream income. The configuration offers flexibility to evolve with your goals today, tomorrow, and years into the future. Few properties balance such beauty, functionality, and potential. With its riverfront setting, historic character, and prime location within Elora's lively core, this is an opportunity to invest in a building that embodies the soul of the village itself - creative, enduring, and full of promise.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 | Other | Main | 15.32' x 15.10' | |
2 | Other | Main | 34.21' x 13.23' | |
3 | Other | Main | 12.84' x 17.07' | |
4 | Other | Main | 9.76' x 17.52' | |
5 | Bathroom | Upper | 10.09' x 7.63' | |
6 | Kitchen | Upper | 8.27' x 11.98' | |
1 2-Piece Bathroom on Main Floor | ||||
1 3-Piece Bathroom on Upper | ||||
2 4-Piece Bathrooms on Upper | ||||
1 5-Piece Bathroom on Upper |
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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% |