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:

Rakesh Babber

Sales Representative

Cityscape Real Estate Ltd., Brokerage