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897 EIGHTH STREET — photo 1 of 91 / 9

897 EIGHTH STREET

Mississauga (Lakeview), Ontario, L5E1R3

$1,949,500

Bedrooms

3

Bathrooms

2

Parking

5

About this 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. (id:66779)

Rooms

Dining roomMain level
Bedroom 2Main level
Bedroom 3Main level
Living roomMain level
KitchenMain level
Primary BedroomMain level

Details

Sewer
Sanitary sewer
Cooling
Ventilation system, None
Heating
Forced air, Natural gas
List aor
Toronto
Stories
1
Basement
Apartment in basement, Separate entrance, N/A, N/A
Appliances
Water meter, Water Heater
Directions
Eighth St and Northmount Ave
Fireplace
No
Lot features
Carpet Free
Water source
Municipal water
Structure type
House
Parking features
Attached Garage, Garage
Tax annual amount
6,951
Exterior features
Brick
Foundation details
Block
Lot size dimensions
70.1 x 146.3 FT
Architectural style
Bungalow
Bedrooms above grade
3
Property attached
No

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