897 Eighth Street, Mississauga, ONL5E 1R3
Property Information
Monthly Cost
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.
Listing History
Shows activity for this MLS® listing. Prior listings and sold records appear when available.
Location
View on MapSchool Catchments
School boundaries and eligibility may change. Confirm school eligibility directly with the school board.
All Mississauga school catchments →Licensed Childcare Nearby
- 6
- Licensed centres nearby
- 0.4km
- Closest centre
- 2
- Before & after careBefore & after programs
About Lakeview
View Lakeview on Market →Who lives here
A snapshot of this home’s immediate area — the census dissemination area it sits in.
- 90%
- Homeowners
- 70%
- Households with kids
- $115,000
- Median income
- 42
- Median age
More about this area
- 2.9
- Avg. household size
- 42%
- University degree
- 41%
- Newcomers (immigrants)
StatCan 2021 Census · this home’s dissemination area (DA 35210357). Values are randomly rounded by Statistics Canada for privacy.
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Data sources & legal disclosures
Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.
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