18 East Mill Street, Centre Wellington, ON

$1,495,000
MLS#:X12780884
3 beds
3 baths
2500-3000 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium board & batten construction, this residence presents an exceptional opportunity offered at $1,495,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 59.99 x 82 ft lot
  • Features a ["unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Accessory Apartment, Built-In Oven, Water Heater
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

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 ahistoric 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.

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
2
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 5, 2026
Sold price information is available to members only
Listed Date2/11/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBoard & Batten
Lot Size59.99 × 82 Feet
CountyWellington
Annual Tax$11,968.92
Legal DescriptionPT LT 10 E/S OF GEDDES ST PL 181 ELORA PT 2 61R5986; CENTRE WELLINGTON

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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18 East Mill Street, Centre Wellington, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Elorasalem, Centre Wellington.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 18 East Mill Street, Centre Wellington, ON N0B 1S0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$1,196,000
Monthly Mortgage$6,949
Property Tax (Est.)$997
Utilities & Maint.$350
Total Monthly Cost$8,296

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Centre Wellington.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.