13 MILL
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+43 more
$2,699,900

13 MILL

Elora, Ontario, N0B1S0

Active
4,510
Sq Ft

About This Property

This other in Elora offers 4,510 sq ft of living space. The home features a full basement.

MLS Remarks

Iconic Mixed-Use Investment Opportunity in Downtown Elora A rare chance to own a landmark stone building in the heart of highly sought-after downtown Elora. 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 offering modern systems, finishes, and functionality throughout. The restaurant includes a full-service patio overlooking 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. Downtown Elora. Iconic setting. Proven income. Exceptional upside. (id:60351)

Overview

Property Typeresidential
Sub-Typeother
StatusActive
MLS #40797474

Interior

BasementFull

Exterior

Exterior FeaturesStone

Fees & Taxes

Annual Taxes$8,047.65

Listing Information

MLS#: 40797474


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

$
$539,980
5%20%50%
Estimated Monthly Payment
$12,006
/month
Mortgage
$2,159,920
Total Interest
$1,441,741

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

Land Transfer Tax

$
Ontario LTT$53,973
Total Due on Closing$53,973

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

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