897 Eighth St

Lakeview, Mississauga, Ontario L5E 1R3

For Sale · MLS® W13593022 · TRREB MLS®
3
Beds
2
Baths
1100-1500
Sqft
1
Parking
Detached
Type

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.

01 / Property recordListing details

Key Facts

MLS® #
W13593022
Board
TRREB MLS®
Days on market
Tax
$6,951
Size
1100-1500 sqft
Lot
70.1 × 146.29 Feet
Parking
1 Attached, 5 Parking

Listing History

Buy/Sell history for 897 Eighth St, Mississauga, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
N/AN/A$1,749,000N/APcW13593022

Estimated Market Value

Estimated value requires sign in

AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

Property Details

Property

Property Type
Detached
Style
Bungalow
Community
Lakeview
Municipality
Mississauga

Inside

Bedrooms
3
Bathrooms
2
Bathroom Detail
1, 4pc, Main
Bathroom Detail
1, 3pc, Bsmt
Basement Type
Apartment
Kitchens
1

Utilities

Water
Municipal
Cooling
None
Heating Type
Forced Air

Building

Size
1100-1500 sqft
Construction
Brick

Parking

Driveway
Available
Garage Type
Attached
Garage
1
Add. Parking
4
Total Parking
5

Land

Sewer
Sewers
Lot Size
70.1 × 146.29 Feet
Lot Size Code
Feet

Additional

Year built
51-99
Foundation
Block
Roof
Shingles
Fireplace
N
Pool
None
Den
N
Family room
N

Rooms (6)

Dining (3.15 × 2.46)

Level: Main

2nd Br (3.58 × 3.73)

Level: Main

3rd Br (3.71 × 2.95)

Level: Main

Living (4.93 × 4.57)

Level: Main

Kitchen (3.0 × 3.84)

Level: Main

Primary (3.12 × 4.27)

Level: Main

Location

Comparable Sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

02 / Plan your numbersTools

Mortgage Tools

Mortgage calculator

20%

Monthly Payment

$8,018

  • Down payment$349,800
  • Mortgage amount$1,399,200
  • Total interest$1,006,200
  • Total cost$2,755,200

Cash flow analysis

$8,018

Total monthly payment

$8,597

Break-even down payment

100%

Cash flow-$8,597
03 / Community profileNeighbourhood demographics

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04 / Local performanceMarket details

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$1,749,000

$1,749,000

CAD

Estimated market value

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