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897 EIGHTH STREET
Mississauga (Lakeview) Ontario L5E1R3 Canada

$2,049,000

Active Listing ID W12834286
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3 bed
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2.00 Bath
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Single Family

$2,049,000

Active Listing ID W12834286
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897 EIGHTH STREET Approved Severance | Prime Lakeview Development Opportunity Attention builders and strategic investors: this is a fully approved severance opportunity in one of Mississauga's most desirable lakefront growth corridors. The property has been severed into two 35 x 146 ft lots, each capable of supporting approximately 3, 500 sq. ft. above-grade luxury detached homes. Why This Investment Makes Sense: Lakeview continues to experience strong luxury home absorption. Demand for new custom builds near the waterfront remains robust. Premium resale values for newly built 3, 000-4, 000 sq. ft. homes in the area. Approved severance significantly reduces entitlement risk and holding uncertainty. Flexible exit strategies: build & sell, build & hold, or joint venture .Projected builds can feature open-concept layouts, high ceilings, oversized windows, chef-inspired 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. With severance completed, much of the planning timeline risk has already been mitigated - allowing investors to focus on design optimization, cost control, and margin maximization. This is a high-demand micro-location with proven redevelopment momentum. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: Ventilation system, None
  • Exterior Finish: Brick
  • Heating Systems: Forced air, Natural gas
  • Additional Features
  • Basement
Listing Changed: 3/2/2026 5:46:02 PM GMT
Source Updated Date: 3/3/2026 8:04:34 AM GMT

Courtesy of: MAHMOOD PASHA, Salesperson, CITYSCAPE REAL ESTATE LTD.