view of front facade with a chimney and stone siding Features: stone siding, shingle roof, concrete foundation, downspout, chimney

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view of patio with outdoor dining space and a water view Features: patio, water view

view of building exterior Features: parking pad, apartment complex view

view of patio / terrace Features: outdoor dining area, patio

bedroom with light wood finished floors, a glass covered fireplace, and a ceiling fan Features: baseboards wall, tv, wood finish floor, fireplace, ceiling fan, natural light, vent, drywall

bedroom with light wood-style flooring and a ceiling fan Features: drywall, wood finish floor, natural light, ceiling fan, baseboards wall

bedroom with baseboards and light wood-type flooring Features: ensuite bathroom, baseboards wall, natural light, wood finish floor, drywall

full bath with a stall shower and light tile patterned floors Features: full bathroom, toilet, vent, drywall, sink, shower, mirror, baseboards wall, tile floor

bedroom with light wood-style flooring and a ceiling fan Features: notable chandelier, ceiling fan, natural light, drywall, tv, wood finish floor

kitchen with a breakfast bar, white cabinets, decorative backsplash, dark countertops, and light wood-style floors Features: u shaped kitchen, baseboards wall, natural light, refrigerator, white cabinets, pendant lighting, shaker cabinets, backsplash, countertops, kitchen bar, wood finish floor, kitchen peninsula, drywall

kitchen with dark countertops, white cabinetry, backsplash, and light wood finished floors Features: open shelves, arched cabinets, backsplash, wood finish floor, countertops, refrigerator, sink, baseboards wall, stovetop, drywall, shaker cabinets, microwave, white cabinets, natural light, galley kitchen

kitchen with dark countertops, decorative backsplash, stainless steel range with electric cooktop, white cabinets, and black microwave Features: refrigerator, white cabinets, microwave, countertops, wood finish floor, drywall, sink, backsplash, arched cabinets, range oven, shaker cabinets

kitchen featuring stainless steel electric range oven, ceiling fan, light wood-type flooring, open floor plan, and white cabinets Features: drywall, opens to living area, white cabinets, microwave, natural light, pendant lighting, stone countertops, wood finish floor, tv, ceiling fan, kitchen island, range oven, backsplash, shaker cabinets

bedroom featuring light wood-style floors, a wood stove, lofted ceiling, recessed lighting, and wooden walls Features: vaulted ceiling, recessed lighting, natural light, drywall, wood stove, wood wall, baseboards wall, wood finish floor

bedroom featuring light wood-type flooring, beverage cooler, lofted ceiling with beams, and recessed lighting Features: baseboards wall, low ceiling, tv, refrigerator, vaulted ceiling, beamed ceiling, wine cooler, natural light, bonus room, drywall, wall mounted ac, recessed lighting, wood finish floor

living area featuring lofted ceiling, light wood-style floors, and beverage cooler Features: sink, tv, wood finish floor, wine cooler, bonus room, drywall, baseboards wall, low ceiling, wall mounted ac, natural light, beamed ceiling, vaulted ceiling

indoor dry bar featuring open shelves, wine cooler, dark countertops, light wood finished floors, and vaulted ceiling Features: low ceiling, wood finish floor, open shelves, microwave, natural light, wine cooler, beamed ceiling, recessed lighting, indoor bar, countertops, vaulted ceiling, baseboards wall, wood wall, drywall

kitchen featuring white cabinets, a peninsula, dark countertops, open floor plan, and a breakfast bar Features: refrigerator, low ceiling, wood finish floor, kitchen peninsula, baseboards wall, cathedral ceiling, sink, open shelves, backsplash, drywall, u shaped kitchen, recessed lighting, kitchen bar, opens to living area, vaulted ceiling, natural light, countertops, white cabinets, shaker cabinets

kitchen with white cabinetry, open shelves, a peninsula, a kitchen bar, and backsplash Features: baseboards wall, tv, vaulted ceiling, white cabinets, sink, open shelves, kitchen bar, natural light, backsplash, shaker cabinets, kitchen peninsula, wood finish floor, stone countertops, drywall

kitchen with freestanding refrigerator, white cabinets, tasteful backsplash, light wood-type flooring, and open shelves Features: sink, open shelves, vaulted ceiling, stone countertops, baseboards wall, white cabinets, shaker cabinets, backsplash, refrigerator, wood finish floor, drywall

bedroom featuring freestanding refrigerator, light wood-type flooring, vaulted ceiling, and a wood stove Features: vaulted ceiling, wood finish floor, drywall, refrigerator, wood stove, access to exterior, recessed lighting, natural light, bonus room

bedroom featuring access to outside, light wood-type flooring, recessed lighting, lofted ceiling, and a wood stove Features: access to exterior, recessed lighting, high ceiling, wood stove, drywall, bonus room, vaulted ceiling, wood finish floor, natural light, wood wall, baseboards wall

bedroom featuring recessed lighting, wooden walls, light wood-type flooring, and multiple windows Features: cathedral ceiling, baseboards wall, wood finish floor, vaulted ceiling, natural light, bonus room, drywall, wood wall, recessed lighting

bathroom with vanity, lofted ceiling, a marble finish shower, and light tile patterned floors Features: full bathroom, sink, low ceiling, vanity, shower, mirror, baseboards wall, natural light, drywall, vaulted ceiling, tile floor

bathroom with a stall shower, vaulted ceiling, and tile patterned flooring Features: drywall, baseboards wall, full bathroom, vaulted ceiling, shower, toilet, tile floor

dock area featuring a water view Features: water view

balcony with a water view and outdoor dining area Features: water view

dining area featuring a stone fireplace and baseboards Features: drywall, fireplace, baseboards wall, natural light, stone finish floor

dining area with french doors, beamed ceiling, and stone tile floors Features: baseboards wall, natural light, beamed ceiling, stone finish floor, drywall, french doors

dining space featuring beamed ceiling Features: beamed ceiling, baseboards wall, french doors, natural light, tile floor, drywall

dining area with a large fireplace and light stone finish floors Features: stone finish floor, indoor bar, drywall, fireplace, basement, natural light

dining room with a stone fireplace and a bar Features: drywall, indoor bar, low ceiling, basement, stone wall, fireplace, track lighting

dining area with a dry bar Features: drywall, baseboards wall, track lighting, indoor bar

playroom featuring a glass covered fireplace Features: natural light, fireplace

dining space featuring beam ceiling Features: french doors, beamed ceiling

detailed view of a fireplace Features: fireplace, tv

doorway to property with stone siding Features: downspout, concrete foundation, stone siding, stoop, gutters

miscellaneous room featuring light wood-style floors and rail lighting Features: wood finish floor, track lighting, drywall

dining space featuring rail lighting and light wood-style flooring Features: drywall, track lighting, vent, wood finish floor

view of snowy aerial view Features: water view, residential view

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For Sale - 13 Mill Street, Centre Wellington, Ontario

13 Mill Street

Centre Wellington , Ontario

4 $2,299,000

Est payment $11,040/mo

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Time on Jump 84 day

AI Summary *

Rare landmark stone building on the river in downtown Elora.
Income-generating property with residential units and a successful restaurant.
Modern updates with timeless stone craftsmanship throughout the building.
Full-service restaurant patio with views of the Grand River.
High-traffic location surrounded by boutiques and strong foot traffic.

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Down Payment:
$ 114,950 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

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 IDX12988202

Address13 Mill Street

CityCentre Wellington, Ontario

Price$2,299,000

Bath4 Full

StyleCommercial Retail

Land Size4658

TypeIndustrial/Commercial

StatusFor Sale

Extras

Subtype Commercial RetailCommunity Features Greenbelt/Conservation, Major HighwayBasement 1Heating / Cooling Gas Forced Air OpenSewer Sanitary+Storm

Market Info

Listing Agency:
RE/MAX Real Estate Centre Inc

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Listing Agency:
RE/MAX Real Estate Centre Inc

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For Sale - 13 Mill Street, Centre Wellington, Ontario

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