Edin Taravati
Sales Representative
Homelife Landmark Realty Inc, Brokerage
Independently owned and operated.
7240 Woodbine, Markham, Ontario L3R 1A4
Cell: 647-233-7778Office: 905-305-1600
$2,299,000
Available - For Sale
Listing ID: X12988202
13 Mill Street East , Centre Wellington, N0B 1S0, Wellington
| 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. |
| Price | $2,299,000 |
| Taxes: | $8047.65 |
| Tax Type: | Annual |
| Assessment Year: | 2026 |
| Occupancy: | Tenant |
| Address: | 13 Mill Street East , Centre Wellington, N0B 1S0, Wellington |
| Postal Code: | N0B 1S0 |
| Province/State: | Wellington |
| Legal Description: | PT LT 12 S/S PEEL ST PL 181 ELORA PT 1 & |
| Directions/Cross Streets: | Metcalfe |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Multi-Use |
| Use: | Other |
| Building Percentage: | T |
| Total Area: | 4510.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Greenbelt/Conse Major Highway |
| Approximatly Age: | 100+ |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Sprinklers: | Part |
| Washrooms: | 4 |
| Outside Storage: | F |
| Crane: | F |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX Real Estate Centre Inc |
|
|
Edin Taravati
Sales Representative
Dir:
647-233-7778
Bus:
905-305-1600
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Wellington |
| Municipality: | Centre Wellington |
| Neighbourhood: | Elora/Salem |
| Approximate Age: | 100+ |
| Tax: | $8,047.65 |
| Baths: | 4 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
