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$2,049,000
1/9
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Overview
Rooms
3
Baths
2
Bed
3
Size
N/A
Year built
N/A
Type
Single Family
Garage
N/A

Property Description

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:64742)

Property Details

Property ID:79e51c08
Bedrooms:3
Bedrooms (Above Grade):3
Bathrooms:2
Property Type:Single Family
Status:active
Annual Taxes:$6,951
Availability:Immediate

Features

Air Conditioning
Barbeque
Dryer
Gym
Laundry
Lawn
Microwave
Outdoor Shower
Refrigerator
Sauna
Swimming Pool
TV Cable
Washer
WiFi
Window Coverings

Address

897 EIGHTH STREET

Mississauga (Lakeview), Ontario L5E1R3

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