For sale 50$1,749,000
897 Eighth Street
Lakeview, Mississauga, Ontario L5E1R3
For sale· Added
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 room | Main level | 2.46 x 3.15 m |
| Bedroom 2 | Main level | 3.73 x 3.58 m |
| Bedroom 3 | Main level | 2.95 x 3.71 m |
| Living room | Main level | 4.57 x 4.93 m |
| Kitchen | Main level | 3.84 x 3 m |
| Primary Bedroom | Main level | 4.27 x 3.12 m |
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