897 EIGHTH STREET, Mississauga, ON L5E1R3
897 EIGHTH STREET, Mississauga, ON L5E1R3
897 EIGHTH STREET, Mississauga, ON L5E1R3
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$1,749,000
Est. payment /mo
3 Beds
2 Baths
Save

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100 - 1500

Subdivision Lakeview

MLS® Listing ID W13593022

Style Bungalow

Bedrooms 3

Property Sub-Type Freehold

Appx SqFt 1100 - 1500

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:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Main level 2.46 m X 3.15 m Dining room

Extra Room 2 Main level 3.73 m X 3.58 m Bedroom 2

Extra Room 3 Main level 2.95 m X 3.71 m Bedroom 3

Extra Room 4 Main level 4.57 m X 4.93 m Living room

Extra Room 5 Main level 3.84 m X 3 m Kitchen

Extra Room 6 Main level 4.27 m X 3.12 m Primary Bedroom

Interior

Heating Forced air

Cooling None, Ventilation system

Exterior

Parking Features Yes

View Y/N No

Attached Garage Yes

Total Parking Spaces 5

Garage Yes

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Bungalow

Others

Ownership Freehold

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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681

Broker License ID: 9520476

Broker License ID: 9520476

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