24 North Broadway Street, Centre Wellington, ON N0B 1J0
$8 /mth
$8 /mth

24 North Broadway Street

Belwood, Centre Wellington, Wellington $8 / Per Sq Ft

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Zoning: C3
MLS®#:
X12744666
Property Type:
Commercial Retail
Property Style:
Area:
Wellington
Community:
Belwood
Taxes:
$8 / 2025
Added:
January 29 2026
Lot Frontage:
235
Lot Depth:
155
Status:
Active
Outside:
Year Built:
Brokerage:
eXp Realty
Lot :

155

235

BIG LOT

Intersection:
Highway 19 and North Broadway St
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Well
Cooling:
No
Heating Type:
Other
Heating Fuel:

Listing Details

An extraordinary opportunity to establish a destination business in the heart of Belwood. Known as The Castle on the Hill, this iconic 1861 heritage stone schoolhouse sits on a prominent 0.83-acre site and is the cornerstone of the visionary Belwood Castles mixed-use development.The owner is seeking restaurant, hospitality, entertainment, service-based, or boutique accommodation operators and is open to partnering in the restoration, build-out, and long-term development of the entire property. Ideal for chefs, restaurateurs, experiential dining concepts, event venues, boutique inns, or bed and breakfast entrepreneurs looking to create something truly special.Planned features include approx. 3,000 sq ft of indoor hospitality space, dramatic heritage architecture (stone walls, exposed beams, fireplaces, bell tower), and up to 30,000 sq ft of leasable outdoor space for patios, gardens, and events. Previous uses include a celebrated fine-dining restaurant, B&B, and successful event venue, demonstrating strong market appeal.Located steps from Belwood Lake and within easy reach of Fergus, Elora, Guelph, and the GTA, this project is positioned to become the cultural and commercial heart of the village. Flexible zoning, build-to-suit options, and collaborative ownership structures available.A rare chance to build a legacy business in a landmark setting.

Insights

  1. Historic Charm and Unique Architecture: The property, known as The Castle on the Hill, features dramatic heritage architecture from 1861, including stone walls, exposed beams, and a bell tower, providing a distinctive atmosphere that can attract customers and create a memorable experience.
  2. Prime Location: Situated steps from Belwood Lake and easily accessible from nearby towns like Fergus, Elora, and Guelph, this property is positioned to become a central hub for both locals and tourists, enhancing its market appeal.
  3. Flexible Development Opportunities: The owner is open to partnering in the restoration and development of the property, offering potential buyers flexible zoning and build-to-suit options, making it an attractive investment for various business concepts such as restaurants, event venues, or boutique accommodations.

Neighborhood Overview

Complete neighborhood profile for 24 North Broadway Street
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)