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$1,749,000
897 Eighth Street • Mississauga, ONPrice Change▼ 10.28%
Courtesy of CITYSCAPE REAL ESTATE LTD.
3
Bedrooms
2
Bathrooms
1100-1500
Square feet
5
Parking

About this home

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 details

Property type
Detached
Style
Bungalow
Approx. age (yrs)
51-99
Total rooms
6
Lot size
70.1 × 146.29 ft
Property taxes
$6,951 (2025)
Occupancy
Immediate
Days on market
51
Status
Active
MLS®

Property history

Recently sold nearby

Listing data last updated: Sep 10, 2026, 10:03 a.m. EDT via TRREB IDX.

First listed: Jul 22, 2026, 11:09 a.m. EDT.