374 RAINES STREET, Georgina, Ontario
$1,249,000
- 6 Baths
- 4,295 Square Feet
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:23309)
- Listing ID: N12039800
- Property Type: Retail
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Listing provided by COLDWELL BANKER - R.M.R. REAL ESTATE
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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 real estate for sale.