ON
Mississauga (Lakeview)
L5E1R3
897 Eighth Street
897 Eighth Street, Mississauga (Lakeview), ON L5E1R3
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Listing Type
Single Family
Listing Status
Active
9
$1,949,500

Home Details for 897 Eighth Street

Price
$1,949,500
Type
Residential
Bedrooms
3
Total Bathrooms
2
Listing #
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:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • None
  • Garage
    • 1
  • Parking
    • Attached
Listing Courtesy: CITYSCAPE REAL ESTATE LTD.
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EXIT REALTY APEX, BROKERAGE
135 Matheson Blvd W Unit 202D, Mississauga, ON L5R 3L1
Office
905 283 6741
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