897 EIGHTH STREET, Mississauga (Lakeview), Ontario, L5E1R3
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:2471)
McConkey Real Estate Corp. Brokerage
- 705-931-0271
- 705-745-4321
- johnmcconkey11@gmail.com
- Property Address: 897 EIGHTH STREET, Mississauga (Lakeview), Ontario, L5E1R3
- Community Name: Lakeview
- Property Type: Single Family
- Title: Freehold
- Lot Size: 70.1 x 146.3 FT
- Acreage: 70.1 x 146.3 FT
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Driveway: Attached Garage, Garage
- Total Parking Spaces: 5
- Maintenance Fee: 0.00
- Structure Style: House
- Style: Detached
- Storeys: 1
- Floor Space: 1100 - 1500 sqft
- Building Age: 51 to 99 years
- Bedrooms: 3
- Bathrooms: 2-Total
- Basement Type: N/A, N/A
- Heating Type: Natural gas, Forced air
- Cooling: None, Ventilation system
- Exterior Type: Brick
- Foundation Type: Block
- Appliances Included: Water Heater, Water meter
- Carpet Free
| Type | Level | Dimensions |
|---|---|---|
| Dining room | Main level | 2.46 m x 3.15 m |
| Bedroom 2 | Main level | 3.73 m x 3.58 m |
| Bedroom 3 | Main level | 2.95 m x 3.71 m |
| Living room | Main level | 4.57 m x 4.93 m |
| Kitchen | Main level | 3.84 m x 3 m |
| Primary Bedroom | Main level | 4.27 m x 3.12 m |
Listing Office: CITYSCAPE REAL ESTATE LTD.
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