$1,749,000
 $9,389 est/mo Sourced by Back At You

897 Eighth Street,Mississauga (Lakeview), ON L5E1R3

Mississauga (Lakeview), ON L5E1R3

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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. (id:13843)

Details

MLS #W13593022
Listing TypeFor Sale
StyleHouse
StatusActive
Days On Site92
Listing Provided ByCITYSCAPE REAL ESTATE LTD. | MAHMOOD PASHA

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,100
Garage5
BasementY
Story(s)1

Interior

CoolingVentilation system, None
HeatingForced air, Natural gas
AppliancesWater meter, Water Heater
Fireplace Yes / NoNo

Exterior

Lot FeaturesCarpet Free
Foundation DetailsBlock

Parking

Parking FeaturesAttached Garage, Garage
Parking Total5

Utilities

SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount6951

Area Information

ProvinceON
CityMississauga (Lakeview)
Postal CodeL5E1R3
Listing VS Median (in L5E1R3)
Price:
$1,749,000
low | high
Med:
$1,749,000
50% of Average
sqft:
1,100
low | high
Med:
1,100
50% of Average
$ / sqft:
$1,590
low | high
Med:
$1,590
50% of Average
On site:
92
low | high
Med:
92
100% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Trevor Docherty

Trevor Docherty

Sutton Group - Muskoka Realty Brokerage

Broker/Owner (705) 787-5060tdocherty@sutton.com
ProvinceON
CityMississauga (Lakeview)
Postal CodeL5E1R3
Listing VS Median (in L5E1R3)
Price:
$1,749,000
low | high
Med:
$1,749,000
50% of Average
sqft:
1,100
low | high
Med:
1,100
50% of Average
$ / sqft:
$1,590
low | high
Med:
$1,590
50% of Average
On site:
92
low | high
Med:
92
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 8:38:54 PM PDT

Trevor Docherty - Sutton