897 Eighth St
Mississauga, ON L5E 1R3
For more information on this listing, contact us at: (647) 360-2908
Active
$1,749,000
-10.3%
897 Eighth St Mississauga, ON L5E 1R3
Detached
Property Type
3
Beds
2
Baths
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.
MLS #
W13593022
Monthly Assoc. Fee
N/A
On Site
76 Days
Last Updated
9/18/2026
Contact Agent
Ariez Reyes Tamboowalla
(647) 360-2908Property Details
Community Information
Address
897 Eighth St, Mississauga, ON L5E 1R3
Area
Peel
City
Mississauga
Community
Lakeview
Postal Code
L5E 1R3
Architecture
Bedrooms
3
Bathrooms
2
Style
Bungalow
Construction Materials
Brick
Approx Age
51-99
Roof
Shingles
Foundation Details
Block
Basement
Apartment, Separate Entrance
Features / Amenities
Interior Features
Carpet Free, Primary Bedroom - Main Floor, Storage Area Lockers, Ventilation System, Water Heater Owned, Water Meter
Kitchens Total
1
Direction Faces
North
Garage Type
Attached
Parking Features
Available
Covered Spaces
1.0
Parking Spaces
4
Heat Type
Forced Air
Heat Source
Gas
Property Features
Sq. Ft.
1100-1500
Sewer
Sewer
Directions
Eighth St and Northmount Ave
Tax and Financial Info
Tax Annual Amount
$6,951
Tax Year
2025
Listing Office
Listing provided courtesy of Cityscape Real Estate Ltd..
Rooms
| Level | Size | |
| Dining Room | Main | 8.07 X 10.34 |
| Bedroom 2 | Main | 12.24 X 11.75 |
| Bedroom 3 | Main | 9.68 X 12.17 |
| Living Room | Main | 14.99 X 16.18 |
| Kitchen | Main | 12.60 X 9.84 |
| Primary Bedroom | Main | 14.01 X 10.24 |
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Price Change History
| Date | Old Price | New Price | Percent Change |
| 9/10/2026 | $1,949,500 | $1,749,000 |
-10.3%
|
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Listing Information Last Updated 9/18/2026
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