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374 Raines Street Image 1

$1,249,000

Mar 25Detached For Sale
bedrooms4bed
washrooms6bath
MLS - #N12039685

374 Raines Street, Georgina, ON L4P 3C8

47
Similar Homes Found
$1,455,596
Average Price
-14.2%
Lower than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Detached

Lot size

< .50 acres

Style

2-Storey

Approx. Area

N/A

About 374 Raines Street

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.

Home Overview

Last updated

Apr 24

Virtual tour

None

Basement information

Partial Basement, Other

Building size

--

Status

In-Active

Property sub type

Detached

Maintenance fee

$N/A

Year built

--

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

Additional Details

Basement:Partial Basement, Other
Cooling:Central Air
Heating:Forced Air
Parking Features:Available, Private Double, Front Yard Parking, Other

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for 374 Raines Street

Some information about this property - Raines Street

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