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

MLS® Number: N12039800
6
Bathrooms
4295
Square Feet

Listing Description

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. (40110072)

Location Description

Metro Rd. N. & Deer Park Dr.

Property Summary

Property Type
Retail
Building Type
Residential Commercial Mix
Square Footage
4295 sqft
Community Name
Historic Lakeshore Communities
Land Size
59.93 x 184.81 FT ; 184.81ft x 60.03ft x 185.07ft x 59.93ft
Annual Property Taxes
$7,161.20
Total Parking Spaces
10
Time on REALTOR.ca
8 days

Building

Bathrooms
Total
6
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Highway, Public Transit
Parking
Total Parking Spaces
10

Measurements

Square Footage
4295 sqft

Land

Lot Features
Frontage
59 ft ,11 in
Land Depth
184 ft ,9 in
Other Property Information
Zoning Description
C1 - 471
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
GERALD LAWRENCE