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. (id:47421)
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Detailed Information
Bedrooms
6
Bathrooms
5
Lot
44.67 x 70.5 ft
Property Easement
Flood Plain, None
Listing Contract Date
2025-10-20
Location Description
Cross Streets: Metcalfe/Mill. ** Directions: Mill St. West of Metcalfe.
Property Type
Single Family
Transaction Type
For sale
Views
Direct Water View
Waterfront Type
Waterfront on river
Waterfront Name
Grand River
Building
Amenities
Fireplace(s)
Appliances
Water softener, Water Heater, Alarm System, Dishwasher, Dryer, Microwave, Washer
Basement Development
Unfinished
Basement Type
N/A (Unfinished)
Cooling Type
Window air conditioner
Exterior Finish
Stone
Fire Protection
Security system
Fireplace Present
Yes
# of Fireplaces
3
Foundation Type
Stone
# of Half Bathrooms
1
Heating Fuel
Electric
Heating Type
Baseboard heaters
Stories Total
3
Type
Residential Commercial Mix
Utility Water
Municipal water
Parking Spaces
Name
Spaces
No Garage
Street
Land
Total Size
44.7 x 70.54 FT
Access Type
Public Road
Size of Irregular Land
44.7 x 70.54 FT
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