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What this listing tells us
BRAND NEW black metal roof installed in May 2026! Here's your opportunity to own a commercially zoned property in the heart of historic Neustadt.Positioned on Mill Street with desirable C1 - General Commercial zoning, this versatile property offers endless possibilities for entrepreneurs, investors, professionals, and business owners looking to establish a presence in one of Grey County's most charming communities. Whether you're envisioning a retail storefront, professional office, studio, service-based business, or a live/work setup (subject to municipal approvals), this property provides the flexibility to bring your vision to life.The building currently features a functional layout with multiple rooms spread across two levels, including a spacious main floor, kitchen area, washroom facilities, and additional upper-level space suitable for offices, meeting rooms, storage, or staff accommodations. Outside, the large rear deck and backyard offer additional opportunities for outdoor customer space, employee use, or future enhancements.Located within walking distance of Neustadt's boutique shops, restaurants, and popular brewery, this property benefits from excellent visibility and a vibrant small-town atmosphere that continues to attract visitors and residents alike.Affordable commercial opportunities in established downtown locations are becoming increasingly difficult to find. Whether you're launching a new venture, expanding your business, or adding to your investment portfolio, 523 Mill Street offers the flexibility, character, and location to make it happen.
Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.
Listing, price, and tax history
Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.
| Date | Event | Status | Price | Change | MLS® | View |
|---|---|---|---|---|---|---|
| Jun 10, 2026 | Previously listed | New | $409,900 | — | X13429966 | View |
| Jun 10, 2026 | ListedCurrent | For sale | $409,900 | — | X13429958 | This page |
| Dec 22, 2025 | Previously listed | Exp | $419,900 | — | X12645880 | View |
Inside this property
Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.
Features & systems
Heating, cooling, parking, exterior, lot, possession, and more.
Systems
3- Heating
- Gas Forced Air Closed
- Air conditioning
- No
- Water source
- Municipal
Getting around, schools & the block
Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.
The money — monthly cost, mortgage & return
Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.
Cost of ownership
A monthly snapshot at typical assumptions — personalize the mortgage just below.
How this home sits in the West Grey market
Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.
The West Grey market right now
Average sold price, days on market, and closed-transaction count for West Grey — sourced from MLS®.
- Avg sold price$728,895Last 30 days
- Median sold price$627,500Middle of the market
- Days on market62 dAvg from list to close
- Closed last 30d69MLS® transactions
We'll get you into 523 Mill Street — the seller pays our commission
On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.
$0 to you. The seller pays our fee.
On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.
Property flags & disclosures
An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.
We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 523 Mill Street and found nothing flagged. We re-check automatically as new records publish.
Common questions about this property
Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.
How much is 523 Mill Street listed for?
523 Mill Street is listed at $409,900 on the MLS® (listing X13429958). The price refreshes on Summitly within minutes of any MLS® change.
How many bedrooms, bathrooms, and square feet does 523 Mill Street have?
Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.