Amy
Mohamed
Travis
897 Eighth Street - $1,949,500
897 Eighth Street - $1,949,500
897 Eighth Street
$1,949,500
Lakeview
Mississauga Lakeview, OntarioL5E1R3
3 beds
2 baths
5 parking
MLS#: W13593022Listed: about 10 hours agoUpdated:about 9 hours ago
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:63050)Details
Details for 897 Eighth Street, Mississauga Lakeview, Ontario- Property Type
- Single Family
- Building Type
- House
- Storeys
- 1
- Neighborhood
- Lakeview
- Land Size
- 70.1 x 146.3 FT
- Year Built
- -
- Annual Property Taxes
- $6,951
- Parking Type
- Attached Garage, Garage
Inside
- Appliances
- Water meter, Water Heater
- Rooms
- 6
- Bedrooms
- 3
- Bathrooms
- 2
- Fireplace
- -
- Fireplace Total
- -
- Basement
- Apartment in basement, Separate entrance, N/A, N/A
Building
- Architecture Style
- Bungalow
- Direction
- Eighth St and Northmount Ave
- Type of Dwelling
- house
- Roof
- -
- Exterior
- Brick
- Foundation
- Block
- Flooring
- -
Land
- Sewer
- Sanitary sewer
- Lot Size
- 70.1 x 146.3 FT
- Zoning
- -
- Zoning Description
- -
Parking
- Features
- Attached Garage, Garage
- Total Parking
- 5
Utilities
- Cooling
- Ventilation system, None
- Heating
- Forced air, Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- Carpet Free
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 897 Eighth Street, Mississauga Lakeview, OntarioMap
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