374 RAINES STREET, Georgina, Ontario
$1,249,000
- 4 Beds
- 4 Baths
In the heart of Roches Point in Keswick Georgina, this rare 0.255-acre severable double corner lot presents endless opportunities with C1 Commercial Zoning offering residential, professional, or business use potential! Just minutes from Lake Simcoe's Cook's Bay, top-rated schools, shopping, and restaurants, this property is also a 15-minute drive to Hwy 404 for easy commuting. The main building, currently undergoing planned renovations with permits, boasts 2,961 sq ft above grade plus a 598 sq ft basement. The proposed layout features 4 spacious bedrooms and 4 bathrooms, including a luxurious primary suite with a 5-piece ensuite, vaulted ceilings, and double-wide closets. The main level offers a formal dining room, pantry, living room, family room, and a secondary family space with a kitchenette and wet bar all designed with high-end finishes like hardwood floors, custom backsplash, pot lights, and stone countertops. The home will also feature a new natural gas furnace, 100 AMP electrical service, and a covered front porch, enhancing its curb appeal. A fully renovated 736 sq ft second bungalow sits on the same lot, offering 2 bedrooms, 1 full bath, an open-concept living and dining area, and a brand-new kitchen with a floating center island. Upgraded with new laminate flooring, LED pot lights, fresh white paint, efficient baseboard heaters, and a sliding door to the yard, this space is move-in ready. With two detached dwellings and multi-use zoning, this property is perfect for homeowners, investors, or business owners looking to establish a healthcare office, vet clinic, retail store, or restaurant in a thriving lakeside community. Plus, it's nestled near Lake Drive N, known for its panoramic, unobstructed views of Lake Simcoe and prime real estate properties. A rare opportunity with incredible potential! Seller can complete interior reno on main dwelling at additional costs of no less than approximately $250K plus no less than 60K for stucco exterior. (id:23309)
- Listing ID: N12039685
- Property Type: Single Family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 374 RAINES STREET in Georgina Ontario. It was last modified on March 25th, 2025. Contact Tom Linkletter to schedule a viewing or to discover other Georgina homes for sale.