897 EIGHTH STREET, Mississauga, ON L5E1R3
897 EIGHTH STREET, Mississauga, ON L5E1R3
897 EIGHTH STREET, Mississauga, ON L5E1R3
897 EIGHTH STREET, Mississauga, ON L5E1R3
897 EIGHTH STREET, Mississauga, ON L5E1R3
897 EIGHTH STREET, Mississauga, ON L5E1R3
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Tony & Ledi Real Estate Team

Tony & Ledi Real Estate Team

+1(647) 493-3579
$ 1,749,000
Est. payment | /mo

3 Beds

2 Baths


Save
$ 1,749,000
Est. payment | /mo
Save

3 Beds

2 Baths

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100 - 1500

Subdivision Lakeview

MLS® Listing ID W13593022

Style Bungalow

Bedrooms 3

Property Sub-Type Freehold

Property 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:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Main level 2.46 m X 3.15 m Dining room

Extra Room 2 Main level 3.73 m X 3.58 m Bedroom 2

Extra Room 3 Main level 2.95 m X 3.71 m Bedroom 3

Extra Room 4 Main level 4.57 m X 4.93 m Living room

Extra Room 5 Main level 3.84 m X 3 m Kitchen

Extra Room 6 Main level 4.27 m X 3.12 m Primary Bedroom

Interior

Heating Forced air

Cooling None, Ventilation system

Exterior

Parking Features Yes

View Y/N No

Attached Garage Yes

Total Parking Spaces 5

Garage Yes

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Bungalow

Others

Ownership Freehold

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897 EIGHTH STREET