374 Raines Street, Georgina MLS Number: N12039800

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.