Raines St

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Listing Description

Situated in the historic Lakeshore community of Roches Point in Keswick, Georgina, this 0.255-acre double corner lot with C1 commercial zoning offers endless development opportunities. Whether your vision is a multi-unit residential project, a business venture, or a combination of both, this prime location delivers flexibility and potential. Its only minutes from Cooks Bay on Lake The main residence provides approximately 2,961 sq. ft. above grade plus a 598 sq. ft. basement. Approved renovation plans include four spacious bedrooms and four bathrooms, with vaulted ceilings and ensuite baths in the upper rooms for additional comfort. The floor plan offers a formal dining room, a full kitchen, living and family rooms, and an extra family area with a kitchenette and wet bar. Interior upgrades feature hardwood floors, stone countertops, recessed lighting, and built-in appliances. The exterior design will showcase stone and stucco finishes, a covered front porch, and updated vinyl siding for a fresh, elegant look.A fully renovated secondary dwelling of 736 sq. ft. adds even more value a 2-bedroom, 1-bath bungalow newly updated with a modern kitchen, laminate floors, LED lighting, and neutral white décor. Its open-concept layout blends the living and dining spaces, with a glass-enclosed shower, new baseboard heaters, and a sliding door leading to a bright outdoor area.Thanks to its rare zoning and desirable lakeside location, this property suits a wide range of residential or commercial purposes from healthcare offices or vet clinics to retail shops or restaurants. Just steps away from Lake Drive N, it enjoys breathtaking lake views and sits among high-value real estate, offering an exceptional investment opportunity in one of Georginas most sought-after areas.The main homes interior is currently at the framing stage and ready for completion. Estimated finishing costs are no less than $250K for the interior and around $60K for exterior stucco work.