374 Raines Street Georgina, Ontario L4P 3C8
$1,249,000
Nestled in the historic Lakeshore Communities of Roches Point in Keswick Georgina, this 0.255-acre severable double corner lot offers endless possibilities with C1 Commercial Zoning. Whether you're looking for a multi-unit residential property, a business space, or both, this prime location is just minutes from Cooks Bay on Lake Simcoe, top-rated schools, shopping, and dining, with easy access to Hwy 404. The main building features 2,961 sq ft above grade plus a 598 sq ft basement. Planned renovations (with permits) include 4 spacious bedrooms and 4 bathrooms, with vaulted ceilings in the upper bedrooms and ensuite baths for added comfort. The layout boasts a formal dining room, full kitchen, living and family rooms, and an additional family space with a kitchenette and wet bar. High-end finishes include hardwood floors, stone countertops, pot lights, and built-in appliances. The exterior will feature proposed stone and stucco accents, a covered front porch, and upgraded vinyl siding. A fully renovated second building (736 sq ft) adds even more value. This charming 2-bedroom, 1-bath bungalow has been updated with a new kitchen, laminate flooring, LED pot lights, and fresh white paint. The open-concept layout features a combined living and dining area, glass-enclosed shower, and new baseboard heaters. A new sliding door opens to the yard, creating a bright and inviting space. With its unique zoning and prime lakeside community location, this property is ideal for residential living, rental income, or commercial use such as a healthcare office, vet clinic, retail shop, or restaurant. Plus, it's just steps from Lake Drive N, known for its breathtaking panoramic views and high-value real estate. A rare investment opportunity in a sought-after location! The Interior of the main building is currently only framing and studs and the seller can finish renovation for a buyer of respective costs no less than $250K and for no less than 60K for stucco exterior. (id:61015)
Property Details
| MLS® Number | N12039800 |
| Property Type | Retail |
| Community Name | Historic Lakeshore Communities |
| Amenities Near By | Highway, Public Transit |
| Parking Space Total | 10 |
Building
| Bathroom Total | 6 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 4,295 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 184 Ft ,9 In |
| Size Frontage | 59 Ft ,11 In |
| Size Irregular | 59.93 X 184.81 Ft ; 184.81ft X 60.03ft X 185.07ft X 59.93ft |
| Size Total Text | 59.93 X 184.81 Ft ; 184.81ft X 60.03ft X 185.07ft X 59.93ft |
| Zoning Description | C1 - 471 |
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April 24 2025 07:42:33
Toronto Regional Real Estate Board
Coldwell Banker - R.m.r. Real Estate