897, Eighth, Lakeview, Mississauga, Residential Freehold
- 3 beds |
- 2 baths |
- 1100-1500 SQFT
Description
Residential Freehold Detached For Sale.
Approved Severance | Prime Lakeview Development Opportunity Attention builders and strategic investors: this is a fully approved severance opportunity in one of Mississauga's most desirable lakefront growth corridors. The property has been severed into two 35 x 146 ft lots, each capable of supporting approximately 3,500 sq. ft. above-grade luxury detached homes. Why This Investment Makes Sense: Lakeview continues to experience strong luxury home absorption. Demand for new custom builds near the waterfront remains robust. Premium resale values for newly built 3,000-4,000 sq. ft. homes in the area. Approved severance significantly reduces entitlement risk and holding uncertainty. Flexible exit strategies: build & sell, build & hold, or joint venture .Projected builds can feature open-concept layouts, high ceilings, oversized windows, chef-inspired 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. With severance completed, much of the planning timeline risk has already been mitigated - allowing investors to focus on design optimization, cost control, and margin maximization. This is a high-demand micro-location with proven redevelopment momentum.
Interior Features: Carpet Free, Primary Bedroom - Main Floor, Storage Area Lockers, Ventilation System, Water Heater Owned, Water Meter
Cross Street: Eighth St and Northmount Ave
Direction Faces: North
Key Facts
- Days on: 68 days
- Mls Status: New
- Bedrooms Total: 3
- Bedrooms Above Grade: 3
- Bathrooms Total Integer: 2
- Lot Width: 70.10
- Kitchens Total: 1
- Parking Total: 5
- Parking Spaces: 4
- Parking Features: Available
- Garage Type: Attached
- Heat Source: Gas
- Heat Type: Forced Air
- Cooling: None
- Living Area Range: 1100-1500 Square Feet
Location 897, Eighth, Lakeview, Mississauga
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