897 EIGHTH STREET
Mississauga (Lakeview), Ontario
MLS® W13593022
$1,949,500
- Status
- Active
- Property type
- House
- MLS® number
- W13593022
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- —
1 / 9Listing description
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.
Property summary
- MLS® number
- W13593022
- Property type
- Single Family
- Building type
- House
- Title
- Freehold
- Land size
- 70.1 x 146.3 FT
- Annual property taxes
- $6,951.00
- Parking
- 5 spaces · Attached Garage, Garage
- Days on market
- 36 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Ventilation system, None
- Basement
- Apartment in basement, Separate entrance, N/A, N/A
- Appliances
- Water meter, Water Heater
- Exterior features
- Brick
- Lot features
- Carpet Free
- Architectural style
- Bungalow
What would this home cost you?
Based on the $1,949,500 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of CITYSCAPE REAL ESTATE LTD., MISSISSAUGA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.