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Home ON Greater Toronto Area Georgina
374 RAINES STREET
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374 RAINES STREET $1,249,000
5 days ago
$1,249,000
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374 RAINES STREET
Georgina (Historic Lakeshore Communities), Ontario L4P3C8

MLS® Number: N12039685
4
Bedrooms
4
Bathrooms
2500 - 3000
Square Feet

Listing Description

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. (40109943)

Location Description

Metro Rd. N. & Deer Park Dr.

Property Summary

Property Type
Single Family
Building Type
House
Storeys
2
Square Footage
2500 - 3000 sqft
Community Name
Historic Lakeshore Communities
Title
Freehold
Land Size
59.4 x 187 FT ; 184.81ft x 60.03ft x 185.07ft x 59.93ft|under 1/2 acre
Annual Property Taxes
$7,161.20
Parking Type
No Garage
Time on REALTOR.ca
5 days

Building

Bedrooms
Above Grade
4
Bathrooms
Total
4
Partial
1
Interior Features
Appliances Included
Water Heater, Water meter
Basement Type
Partial
Building Features
Features
Level lot, Wooded area, Partially cleared, Flat site, Conservation/green belt, Sump Pump
Foundation Type
Poured Concrete
Style
Detached
Construction Status
Insulation upgraded
Fire Protection
Smoke Detectors
Rental Equipment
None
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Type
Cable (Available), Wireless (Available), Electricity Connected (Connected), Natural Gas Available (Available), Telephone (Nearby), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Place of Worship
Parking
Parking Type
No Garage
Total Parking Spaces
10

Measurements

Square Footage
2500 - 3000 sqft

Land

Lot Features
Frontage
59 ft ,4 in
Land Depth
187 ft
Other Property Information
Access
Public Road, Year-round access
Easements
Unknown
Zoning Description
C1 - 471
Waterfront Features
Waterfront Name
Lake Simcoe
Surface Water
Lake/Pond
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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