Aldo Udovicic, BrokerRe/Max Crossroads Realty Inc., Brokerage533 Danforth Rd, Scarborough(416) 438-2536getaldonow@gmail.com
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Listings897 Eighth Street

897 Eighth Street, Mississauga, ON L5E 1R3

$2,049,000

activeNEW
MLS® #W12834286Single Family Home
3Beds
2Baths
1,100Sq Ft
897 Eighth Street, Mississauga, ON L5E 1R3 - Photo 1
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About This Property

Approved Severance | Prime Lakeview Development Opportunity Attention builders and strategic investors: this is a fully approved severance opportunity in one of Mississauga's most desirable lakefront growth corridors. The property has been severed into two 35 x 146 ft lots, each capable of supporting approximately 3,500 sq. ft. above-grade luxury detached homes. Why This Investment Makes Sense: Lakeview continues to experience strong luxury home absorption. Demand for new custom builds near the waterfront remains robust. Premium resale values for newly built 3,000-4,000 sq. ft. homes in the area. Approved severance significantly reduces entitlement risk and holding uncertainty. Flexible exit strategies: build & sell, build & hold, or joint venture .Projected builds can feature open-concept layouts, high ceilings, oversized windows, chef-inspired 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. With severance completed, much of the planning timeline risk has already been mitigated - allowing investors to focus on design optimization, cost control, and margin maximization. This is a high-demand micro-location with proven redevelopment momentum.

Property Details

Property Type

Single Family Home

Status

Active

MLS® Number

W12834286

Bedrooms

3

Bathrooms

2

Interior Sq Ft

1,100

Listed

March 5, 2026

Features & Amenities

View
Air Conditioning
Basement

Location

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897 Eighth Street, Mississauga, ON L5E 1R3

897 Eighth Street, Mississauga, ON L5E 1R3

Listing Information

MLS®# W12834286
CITYSCAPE REAL ESTATE LTD.
Listed March 5, 2026

$2,049,000

Single Family Home · For Sale

3

Beds

2

Baths

1,100

Sq Ft

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Re/Max Crossroads Realty Inc., Brokerage — 533 Danforth Rd, Scarborough ON M1K 1C9