897 EIGHTH STREET, Mississauga, Ontario, L5E 1R3

$1,749,000

MLS® # W13593022

House For Sale In Lakeview, Mississauga, Ontario

$1,749,000

  • 3

    Bedrooms

  • 2

    Baths

  • 70.1 x 146.3 FT

    Lot Size

Property Information:

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:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Bungalow
  • Basement Type: N/A, N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Floor Space: 1100 - 1500 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None, Ventilation system
  • Appliances: Water meter

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3
  • Bathrooms: 2
  • Features: Carpet Free
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Lot Depth: 146.2 Feet
  • Lot Frontage: 70.1 Feet
  • Lot Size: 70.1 x 146.3 FT
  • Sewer: Sanitary sewer
  • Parking Type: Attached garage, Garage
  • No. of Parking Spaces: 5

Rooms:

  • Dining Main Level 2.46 m x 3.15 m
  • 2nd Bedroom Main Level 3.73 m x 3.58 m
  • 3rd Bedroom Main Level 2.95 m x 3.71 m
  • Living Main Level 4.57 m x 4.93 m
  • Kitchen Main Level 3.84 m x 3.00 m
  • Primary Bedroom Main Level 4.27 m x 3.12 m

Courtesy of: CITYSCAPE REAL ESTATE LTD.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Additional Photos