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897 EIGHTH STREET, Mississauga (Lakeview)
2026-07-24
Quick Summary
- Location
- 897 EIGHTH STREET, Mississauga (Lakeview), Ontario L5E1R3
- Price
- $1,949,500
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 1100 - 1500 sqft
- Bedrooms:
- 3
- Bathrooms:
- 2
- Garages:
- 5
MLS®#W13593022
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:32467)
Property Features
Building
- Appliances: Water Heater, Water meter
- Architectural Style: Bungalow
- Basement Features: Apartment in basement, Separate entrance
- Basement Type: N/A, N/A
- Construction Style: Detached
- Cooling Type: None, Ventilation system
- Exterior Finish: Brick
- Fireplace: No
- Interior Size: 1100 - 1500 sqft
- Building Type: House
- Stories: 1
- Utility Water: Municipal water
Features
- Feature: Carpet Free
Land
- Land Size: 70.1 x 146.3 FT
- Sewer: Sanitary sewer
Ownership
- Type: Freehold
Information entered by CITYSCAPE REAL ESTATE LTD.
Listing information last updated on: 2026-07-22 16:02:22
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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