


$1,749,000
897 Eighth Street, Mississauga, ON L5E 1R3
Mississauga · Lakeview · L5E 1R3
Key Facts
Tax
$6,951 (2025)
Type
Detached
Parking
Attached, 5 spaces
Basement
Apartment, Separate Entrance
Brokerage
CITYSCAPE REAL ESTATE LTD.
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.
Property
Inside
Utilities
Building
Parking
Land
Financial Details
Listing Information
Toronto Regional Real Estate Board (TREB) assumes no responsibility for the accuracy of any information shown. Copyright TREB 2026.
Stratus Data Systems, Inc. Copyright 2026, Stratus Data Systems, Inc.

