About this property

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.

Features & finishes

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Air Conditioning

Basement

Property details

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MLS® Number	X12744666
Status	Active
Listing Type	For Lease
Property Type	Commercial
Interior Size	2,972 sq ft
Beds / Baths	0 bed · 0 bath
Neighbourhood	Belwood
City	Centre Wellington
Postal Code	N0B 1J0
Province	ON
Listed Date	January 31, 2026
Days on Market	187
Brokerage	eXp Realty