897 Eighth Street
Lakeview
Mississauga
L5E 1R3
$1,949,500
Residential Freehold
beds: 3
baths: 2.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- W13593022
- Bedrooms:
- 3
- Bathrooms:
- 2
- Photos (9)
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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 Type:
- Residential Freehold
- Property Sub Type:
- Detached
- Home Style:
- Bungalow
- Approx. Age:
- 51-99
- Total Approx Floor Area:
- 1100-1500
- Lot Depth:
- 146'3½"44.6 m
- Lot Frontage:
- 70'1"21.4 m
- Direction Faces:
- North
- Bedrooms:
- 3
- Bathrooms:
- 2.0
- Water supply:
- Municipal
- Kitchens:
- 1
- Bedrooms Above Grade:
- 3
- Kitchens Above Grade:
- 1
- Rooms Above Grade:
- 6
- Heating type:
- Forced Air
- Heating Fuel:
- Gas
- Foundation:
- Block
- Roof:
- Shingles
- Basement:
- Apartment, Separate Entrance
- Fireplace/Stove:
- No
- Garage:
- Attached
- Garage Spaces:
- 1.0
- Parking Features:
- Available
- Parking Spaces:
- 4
- Total Parking Spaces:
- 5.0
- Family Room:
- No
- Possession Details:
- Immediate
- Pool:
- None
- Link:
- No
- HST Applicable To Sale Price:
- Included In
- Taxes:
- $6,951 / 2025
- Assessment:
- $- / -
- Peel
- Mississauga
- Lakeview
- Carpet Free, Primary Bedroom - Main Floor, Storage Area Lockers, Ventilation System, Water Heater Owned, Water Meter
- Brick
- Floor
- Type
- Size
- Other
- Main
- Dining Room
- 10'4"3.15 m × 8'1"2.46 m
- Main
- Bedroom 2
- 12'3"3.73 m × 11'9"3.58 m
- Main
- Bedroom 3
- 12'2"3.71 m × 9'8"2.95 m
- Main
- Living Room
- 16'2"4.93 m × 15'4.57 m
- Main
- Kitchen
- 12'7"3.84 m × 9'10"3.00 m
- Main
- Primary Bedroom
- 14'4.27 m × 10'3"3.12 m
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- None
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
Larger map options:
Listed by CITYSCAPE REAL ESTATE LTD.
Data was last updated July 26, 2026 at 06:15 AM (UTC)
Area Statistics
- Listings on market:
- 111
- Avg list price:
- $1,249,000
- Min list price:
- $399,000
- Max list price:
- $3,998,000
- Avg days on market:
- 38
- Min days on market:
- 2
- Max days on market:
- 676
These statistics are generated based on the current listing's property type
and located in
Lakeview. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- HomeLife Landmark Realty Inc.
- 7240 Woodbine Ave #103, Markham, ON L3R 1A4
- (905) 305-1600
- Contact by Email
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
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