374 Raines St

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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.
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