18 East Mill
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$1,495,000

18 East Mill

Centre Wellington (Elora/Salem), Ontario, N0B1S0

Active
3,217
Sq Ft
6
Parking

About This Property

This retail in Centre Wellington (Elora/Salem) offers 3,217 sq ft of living space. The home features forced air, natural gas heating, fully air conditioned.

MLS Remarks

Welcome to 18 East Mill Street, a rare opportunity to live and work in one of Ontario's most charming villages. Zoned commercial with a dwelling unit above, this updated timber-frame property blends character, flexibility, and location (including coveted parking). The main floor features exposed beams reclaimed from a historic factory and an abundance of natural light. With a spacious kitchen, two bathrooms, and multiple adaptable workspaces, it's ideal for entrepreneurs, creatives, or business owners. Whether you envision an art studio, retail shop, café, professional office, or something entirely your own, the street-level presence makes it easy to welcome clients and customers. Upstairs, a private residence with a loft-like feel offers a retreat from the bustle below. High ceilings, an open-concept kitchen and living area, and a walkout patio create a bright, contemporary home base or pied-à-terre. Three bedrooms, a spa-inspired bathroom, and in-suite laundry complete the space-perfect for everyday living or hosting overnight guests. Set within Elora's vibrant core, just steps from boutiques, cafés, and the Grand Rivers scenic trails, this one-of-a-kind property offers endless potential to build your business, live comfortably, or do both beautifully. Whether you keep it all for yourself, share it with tenants, or explore creative mixed-use ideas, this special property is poised to make your vision a reality. (id:60351)

Overview

Property Typeresidential
Sub-Typeretail
StatusActive
MLS #X12780900

Interior

HeatingForced air, Natural gas
CoolingFully air conditioned

Parking

Total Spaces6

Fees & Taxes

Annual Taxes$11,968.92

Listing Information

MLS#: X12780900


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$299,000
5%20%50%
Estimated Monthly Payment
$6,648
/month
Mortgage
$1,196,000
Total Interest
$798,327

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$26,375
Total Due on Closing$26,375

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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18 East Mill Centre Wellington (Elora/Salem) — $1,495,000 — Not A Dream Realty | Not A Dream Realty