897 Eighth Street

Mississauga, ON L5E 1R3 ( Lakeview)

Quick Facts

Type: Detached

Style: Bungalow

Size: Sq Ft

Age: Years

Taxes: $ 6,951 ( 2025)

Updated: 2026-03-02 17:59:58

Description

Approved Severance | Prime Lakeview Development Opportunity Attention builders and strategic investors: this is a fully approved severance opportunity in one of Mississauga\'s most desirable lakefront growth corridors. The property has been severed into two 35 x 146 ft lots, each capable of supporting approximately 3,500 sq. ft. above-grade luxury detached homes. Why This Investment Makes Sense: Lakeview continues to experience strong luxury home absorption. Demand for new custom builds near the waterfront remains robust. Premium resale values for newly built 3,000-4,000 sq. ft. homes in the area. Approved severance significantly reduces entitlement risk and holding uncertainty. Flexible exit strategies: build & sell, build & hold, or joint venture .Projected builds can feature open-concept layouts, high ceilings, oversized windows, chef-inspired kitchens, luxury primary suites, and upscale finishes tailored to today\'s end-user expectations. Strategically located minutes from: Waterfront parks & marina; Port Credit amenities; QEW access (15-20 mins to downtown Toronto);Established schools & golf courses. With severance completed, much of the planning timeline risk has already been mitigated - allowing investors to focus on design optimization, cost control, and margin maximization. This is a high-demand micro-location with proven redevelopment momentum.

Extras

Detached

Property

Status: For Sale

MLS #: W12834286

Price: $ 2,049,000

Address: 897 Eighth Street

Type:

Style: Bungalow

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 6,951

Tax Year: 2025

Lot Size:

Neighbourhood: Lakeview

Nearest Intersection: Eighth St and Northmount Ave

City: Mississauga

Postal Code: L5E 1R3

DOM: 22 Days

Last Update: 2026-03-02 17:59:58

 

Building

Interior

Bedrooms: 3

Bathrooms: 2

Rooms: 0

Kitchens: 1

Family Room:

Fireplace:

Basement: Apartment Separate Entrance,

Central Vacuum:

 

Exterior

Exterior: Brick,

Driveway:

Garage: Available

Garage Spaces:

Parking Spaces: 5.00

Pool:

 

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Forced Air

Heat Source: Gas

Air Conditioning: None

Water:

Sewers:

 

Features

 

Rooms