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$1,749,000

Map

897 Eighth Street

Lakeview, Mississauga, Ontario L5E1R3

For sale· Added

3 bed2 bath1,100–1,500 sqft

About this home

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.

Location

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Property details

Listing

MLS® number
W13593022
Added
Jul 22, 2026 ()
Updated
Sep 10, 2026 ()
Info refreshed

Overview

Property type
Single Family
Building type
Detached
Style
Bungalow
Storeys
1
Ownership
Freehold

Inside

Bedrooms
3
Bathrooms
2
Heating
Forced air, Natural gas
Cooling
Ventilation system, None
Fireplace
No
Appliances
Water meter, Water Heater
Features
Carpet Free

Building

Basement
Apartment in basement, Separate entrance
Exterior
Brick
Foundation
Block
Parking
Attached Garage, Garage · 5 spaces

Land

Lot size
70.1 x 146.3 ft

Services

Water
Municipal water
Sewer
Sanitary sewer

Location

Cross streets
Eighth St and Northmount Ave

Running costs

Annual property tax
$6,951

Rooms

Dining roomMain level2.46 x 3.15 m
Bedroom 2Main level3.73 x 3.58 m
Bedroom 3Main level2.95 x 3.71 m
Living roomMain level4.57 x 4.93 m
KitchenMain level3.84 x 3 m
Primary BedroomMain level4.27 x 3.12 m

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$1,749,000
897 Eighth Street
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