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897 EIGHTH STREET, Mississauga, Ontario, L5E 1R3

MLS® # W12834286
House For Sale In Lakeview, Mississauga, Ontario
$2,049,000 QuickQuoteTM: Not Available

3 Beds

2 Baths

897 Eighth Street, Mississauga, ON - Outdoor
897 Eighth Street, Mississauga, ON - Outdoor
897 Eighth Street, Mississauga, ON - Outdoor With Facade
897 Eighth Street, Mississauga, ON - Outdoor
897 Eighth Street, Mississauga, ON -
897 Eighth Street, Mississauga, ON - Outdoor
897 Eighth Street, Mississauga, ON - Outdoor
897 Eighth Street, Mississauga, ON - Outdoor With View
897 Eighth Street, Mississauga, ON -
897 Eighth Street, Mississauga, ON - Outdoor
897 Eighth Street, Mississauga, ON - Outdoor
897 Eighth Street, Mississauga, ON - Outdoor With Facade
897 Eighth Street, Mississauga, ON - Outdoor
897 Eighth Street, Mississauga, ON -
897 Eighth Street, Mississauga, ON - Outdoor
897 Eighth Street, Mississauga, ON - Outdoor
897 Eighth Street, Mississauga, ON - Outdoor With View
897 Eighth Street, Mississauga, ON -
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897 EIGHTH STREET, Mississauga, Ontario, L5E 1R3
$2,049,000

3 Beds

2 Baths

Property Information:

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. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Bungalow
  • Basement Type: N/A, N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Floor Space: 1100 - 1500 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None, Ventilation system
  • Appliances: Water meter

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Features: Carpet Free
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Lot Depth: 146.2 Feet
  • Lot Frontage: 70.1 Feet
  • Lot Size: 70.1 x 146.3 FT
  • Sewer: Sanitary sewer
  • Parking Type: Attached garage, Garage
  • No. of Parking Spaces: 5

Rooms:

  • Living Main Level 4.57 m x 4.93 m
  • Dining Main Level 2.46 m x 3.15 m
  • Kitchen Main Level 3.84 m x 3.00 m
  • Primary Bedroom Main Level 4.27 m x 3.12 m
  • 2nd Bedroom Main Level 3.73 m x 3.58 m
  • 3rd Bedroom Main Level 2.95 m x 3.71 m

Convert Measurement to:

Courtesy of: CITYSCAPE REAL ESTATE LTD.

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Market Price Trends

Single family detached

-1.98%

Price change (1 year)

20.95%

Price change (5 years)

All Properties

-1.34%

Price change (1 year)

19.07%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 897 EIGHTH STREET, Mississauga, Ontario, L5E 1R3

Demographic Information of 897 EIGHTH STREET, Mississauga, Ontario, L5E 1R3

Life Stage

Nearly Retired

Employment Type

Mixed

Average Household Income

$144,480.33

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.72 %

High school certificate or equivalent

29.69 %

Apprenticeship trade certificate/diploma

3.46 %

College/non-university certificate

18.67 %

University certificate (below bachelor)

3.06 %

University Degree

29.4 %

Commuter

Travel To Work

By Car

92.72 %

By Public Transit

4.27 %

By Walking

0.16 %

By Bicycle

0.0 %

By Other Methods

2.85 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

8.49 %

Houses

91.51 %

Own Vs. Rent

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