This one-of-a-kind property is ideal for home-based entrepreneurs and investors. Potential to be severed into TWO lots. Plans to extend town services past the property also open up a world of possibilities. Set on 1.8 prime acres on the edge of Elora, this architecturally gem of a building has been completely renovated and reimagined by the current owners to offer both stunning residential space and versatile commercial potential.The upper level boasts over2,500square feet of beautifully finished, open-concept living with soaring 13-foot ceilings, original hardwood floors, and an abundance of natural light. A chefs kitchen anchors the space, while the expansive primary suite offers a private retreat. Two additional bedrooms and a full bath complete the residential layout. Recent upgrades include two large new windows, a brand-new front door, and updated stone and vinyl siding for a modern, refreshed exterior. The lower level, also above grade, features more than 1,700squarefeet of open-span finished space perfect for a workshop, studio, rec room or business. It includes two oversized garage bays, a utility/storage bay, and a bathroom. With the proper approvals, this level could potentially be converted into a residential rental unit. In total, the property offers over 4,200 square feet of usable space. Two separate paved driveways and a large rear parking area provide ample room for vehicles, clients, or equipment. A generous green space out back offers potential for an accessory structure and now features a new above-ground pool, perfect for relaxing or entertaining.