$ 529,000

82/84 Elora Street, South Bruce

Excellent investment opportunity in the heart of downtown Mildmay! This well-maintained commercial/residential property features three income-generating units, including two street-level spaces and a spacious residential two bedroom, one bathroom apartment upstairs. Recent updates throughout the property include an updated electrical panel and new pot lights throughout the residential unit. The retail unit has also been upgraded with new windows, providing improved natural light and a fresh, updated appearance. This property comes with a flexible financing opportunity as the Seller is open to entertaining a Vendor Take-Back (VTB) mortgage, offering an attractive option for qualified buyers. All units are fully tenanted, providing immediate and consistent rental income. Located in a high-visibility area with great foot traffic, this versatile building is perfect for investors looking to grow their portfolio with a stable, turnkey property. Don't miss out on this rare chance to own a solid income-producing asset in a vibrant small-town setting! (id:1945)
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Property details for 82/84 Elora Street, South Bruce

Type
Other
Bedrooms
2
Bathrooms
2
Lot Size
24.5 x 132 FT
Stories
2
Basement
Unfinished, N/A
Parking
No Garage
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Brick
Annual Taxes
$6,026

Nearby Listings Stat

Estimated price and comparable properties near 82/84 Elora Street

Active Listings
2
Min Price
$529,000
Max Price
$529,000
Avg Price
$529,000
Days on Market
127
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days

Neighbourhood Census Data

South Bruce, Ontario

Population
635
Median Age
41.4
Median Income
$34,987
Dwelling Value
$200,042

Housing Tenure

Owners 83%
Renters 17%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.4
Pop. Density: 853.8/km²
Avg Shelter Cost: $939/mo
Owners with Mortgage: 51.1%
Owners Spending 30%+: 8.9%
Tenants Spending 30%+: 37.5%
English only: 96.9%
English and French: 3.1%
Median Household Income: $70,272
Median Employment Income: $33,109

Price History

Listed
June 8, 2026
by Wilfred McIntee & Co Limited
Current Price
$529,000
-8% from last change
Type
Other
For Sale
Price Changes
1
Date Price Change
Current $529,000 $45,900 (-8%)
Jun 8, 2026 $574,900 Listed

Contact Agent Get in touch about 82/84 Elora Street, South Bruce

SHAWNA FISCHER
SHAWNA FISCHER
Wilfred McIntee & Co Limited

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Comparison of 82/84 Elora Street, South Bruce, ON with Nearby Other Listings