897 Eighth Street Mississauga, ON L5E 1R3
Listing Courtesy of: PropTX - IDX / Listed By: Cityscape Real Estate Ltd.

  897 Eighth Street Mississauga, ON L5E 1R3

Active
$1,949,500 (CAD)
3
BED
2
BATH
1100-1500
SQFT

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.

MLS®:
W13593022
Taxes
$6,951(2025)
Type
Single-Family Home
Style
Bungalow
County
Regional Municipality of Peel
Community
Lakeview

Listed By

Cityscape Real Estate Ltd.
Source
PropTX - IDX
Last checked Aug 28 2026 at 11:17 AM EDT
Bathroom Details
Interior Features
  • Carpet Free
  • Water Heater Owned
  • Water Meter
  • Ventilation System
  • Storage Area Lockers
  • Primary Bedroom - Main Floor
Property Features
  • Foundation: Block
Heating and Cooling
  • Forced Air
  • None
Basement Information
  • Apartment
  • Separate Entrance
Pool Information
  • None
Exterior Features
  • Brick
  • Roof: Shingles
Utility Information
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • Attached
Parking
  • Available
Stories
  • 1
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Disclaimer: Copyright 2026 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/28/26 04:17