For Sale

374 Raines Street, Georgina (Historic Lakeshore Communities), Ontario L4P3C8

$1,249,000

374 Raines Street, Georgina (Historic Lakeshore Communities), Ontario L4P3C8 is For Sale and has a listing price of 1,249,000. The property is located in the Georgina neighbourhood. It's been on the website for 44 Days.

  • Retail
    Property Type
  • Residential Commercial Mix
    Building Type
  • 6
    Bathrooms
  • 10
    Parking Spaces
  • MLS ID: N12039800
  • Office Name COLDWELL BANKER - R.M.R. REAL ESTATE
Property 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. (id:43137)

Property Details
  • Virtual Tour: Click Here
  • MLS ID: N12039800
  • Bathrooms: 6
  • Price: $1,249,000
  • Transaction Types: For Sale
  • Ref ID: 28070272
  • Year Built: N/A
  • Building Type: Residential Commercial Mix
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Georgina
  • $1,159,858 Average List Price
    based on 1 year
  • 15 New Listings
    based on 30 days
  • 41 Median Days on Market
    based on 1 year
  • List vs. Selling Price 170.66 % Up
  • Sold (12mo) 556
  • Rented (12mo) 254

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • - Walk Score
    Car-Dependent
  • 27 Transit Score
    Some Transit
  • 32 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    87.29%
  • Commercial
    9.85%
  • Condo
    1.92%
  • Land for Sale
    0.93%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Natural Gas
  • Heating System Other
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Total Parking Spaces: 10
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 24/03/2025 00:00:00
  • Zoning Vr1-9
  • Agent Name: GERALD LAWRENCE
  • Last Updated: 28/03/2025 01:04:46
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