374 Raines Street, Georgina, ON L4P 3C8

Georgina L4P 3C8 Ontario

MLS: N12039800

$1,249,000

Added 9 days ago | For Sale

Listed by: COLDWELL BANKER - R.M.R. REAL ESTATE

About Property

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.

Features

  • House Style:Store W Apt/Office
  • Bathrooms:6
  • Land Size: 59.93 X 184.81
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Metro Rd. N. & Deer Park Dr.
  • Basement: ,
  • Possession Date:immediate/30/60/90 days
  • Annual Property taxes: $7161.2
  • Bedrooms:
  • Total Parking Spaces:10
  • Parking Places:10
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:N12039800

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 info@housekarma.ca
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