897 Eighth Street, Mississauga, Ontario, Canada, L5E1R3
1,949,500
for Sale
3
2
1100-1500
About the property:
Approved Severance | Prime Lakeview Development Opportunity Attention builders and strategic investors: this is a fully approved severanceopportunity in one of Mississauga's most desirable lakefront growth corridors. The property has been severed into two 35 x 146 ft lots, eachcapable of supporting approximately 3,500 sq. ft. above-grade luxury detached homes. Why This Investment Makes Sense: Lakeview continuesto experience strong luxury home absorption. Demand for new custom builds near the waterfront remains robust. Premium resale values fornewly built 3,000-4,000 sq. ft. homes in the area. Approved severance significantly reduces entitlement risk and holding uncertainty. Flexible exitstrategies: build & sell, build & hold, or joint venture .Projected builds can feature open-concept layouts, high ceilings, oversized windows, chefinspired 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. Withseverance completed, much of the planning timeline risk has already been mitigated - allowing investors to focus on design optimization, costcontrol, and margin maximization. This is a high-demand micro-location with proven redevelopment momentum.
Bungalow
Bungalow
- Property Type:
- Bungalow
- Status:
- for Sale
- House Style:
- Bungalow
- Bedrooms:
- 3
- Bathrooms:
- 2
- Land Size:
- 70.1 x 146.29 FT
- Garage Spaces:
- 1
- Parking Places:
- 5
- Heating Type:
- Forced Air
- Heating Fuel:
- Gas
- Cross Street:
- Eighth St and Northmount Ave
- Exterior:
- Brick
- Basement:
- Apartment,Se, Apartment,Se
- Fronting On:
- N
- Possession Date:
- Immediate
- Annual Property Taxes:
- 6,951
- Listing ID:
- W13593022
Rooms
Dimensions
Main
- Dining Room
- 2.46m x 3.15m
- Bedroom 2
- 3.73m x 3.58m
- Bedroom 3
- 2.95m x 3.71m
- Living Room
- 4.57m x 4.93m
- Kitchen
- 3.84m x 3.0m
- Primary Bedroom
- 4.27m x 3.12m
Brokered by:
Cityscape Real Estate Ltd.
Source: TRREB/PROPTX
Presented By: