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897 Eighth Street Mississauga, Ontario

$1,949,500
3 Beds
  2 Full

PROPERTY INFO

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:4555)

PROPERTY SPECS

Price $1,949,500
City Mississauga, Ontario
Bed / Bath 3 / 2 Full
Address 897 Eighth Street
Listing ID W13593022
Style Bungalow, House
Parking 5.00
Type Residential
Status For Sale

EXTENDED FEATURES

Subtype Single Family Features Carpet Free Ownership Freehold Basement Apartment in basement, Separate entrance, N/A Heating / Cooling Forced air, Natural gas Sewer Sanitary sewer Parking 5.00



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Windsor: 519-903-9355
Toronto: 905-220-7333
Office: 905-335-3042

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