30 days on Market

374 Raines St, Georgina, Ontario L4P 3C8

Other
-
6
~4295 sqft
$1,249,000
Get pre-qualifiedPowered by Neo Mortgage
Buy with Wahi to get
Up to
$12,490Cashback
Other
-
6
~4295 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$290/sqft

Est. Mortgage$5,364/mo

Tax Amount (2024)$7,161/yr

Days On Market30 days


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.


Property Details

StyleStore With Apt/Office
View-
Age of property-
SqFt~4295 SqFt
Lot Size11,075 SqFt(184.81 x 59.93)
Parking Spaces10
MLS ®NumberN12039800
Community NameNeighborhood of Georgina
Data SourceTRREB
Listing byCOLDWELL BANKER - R.M.R. REAL ESTATE

Features

Heating: Gas Forced Air Open
Cooling: Y
Basement: Y

Features

Lot size: 11,075 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 10


Property listed by COLDWELL BANKER - R.M.R. REAL ESTATE, Brokerage

Get up to 1% cashback when you buy your dream home with Wahi Cashback

Cashback Banner Image

A new way to buy a home that puts cash back in your pocket.

  • Our in-house Realtors do more deals and bring that negotiating power into your corner
  • We leverage technology to get you more insights, move faster and simplify the process
  • Our digital business model means we pass the savings onto you, with up to 1% cashback on the purchase of your home

Market Data - Neighborhood of Georgina

Geo Zone Map ThumbnailNeighborhood of Georgina

Buyer's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

34 days

Compared to

2024

21 days

2023

22 days

2022

17 days

New Listings

Past 30 days

168 listings

Compared to

2024

164 listings

2023

120 listings

2022

216 listings

Units sold

Past 30 days

48 units

Compared to

2024

71 units

2023

65 units

2022

117 units

Median Sold Price

Past 30 days

$787,650

Compared to

2024

$815,000

2023

$870,000

2022

$1,065,000


Population and Demographics

Overview

Total population 47693
Average household income $127,528

Age (%)

50 to 64
24%
0 to 19
21%
35 to 49
19%
20 to 34
18%
65 and plus
17%

Household composition (%)

Single family
71%
Single person
24%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
90%
Others
6%
Russian
1%
Yue (Cantonese)
1%

House tenancy (%)

Owners
81%
Renters
19%

Schools and amenities

Estimated Budget