Royal LePage Maximum Realty Brokerage

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Brokerage Services For MLS Property listings in Greater Toronto

RLP Maximum
7694 Islington Ave, 2nd Floor Suite 220
Vaughan, ON L4L 1W3
Tel: (905) 856-7514

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897 Eighth Street, Mississauga, ON L5E 1R3

Detached Home For Sale | W13593022Sale

Listing ID: W13593022
$1,949,500
3 Bedrooms
2 Bathrooms
Listing ID #W13593022
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.

Basic Details
Listing ID : W13593022
Listing Type : Sale
Price : $1,949,500
Bathrooms : 2
Status : Active
Property Sub Type : Detached
Roof : Shingles
Map
Address Map
897
Eighth
US
ON
Peel
Mississauga
L5E 1R3
Street
North
Eighth St and Northmount Ave
Property Area
Lakeview
Features
: None
: None
: Apartment, Separate Entrance
: Available
: Bungalow
: Carpet Free, Water Meter, Primary Bedroom - Main Floor, Storage Area Lockers, Water Heater Owned, Ventilation System
: Sewer
Rooms
3
Additional Information
: Brick
: Block
Financial
6951.0
Listing Information
New
2026-07-22T15:09:12Z
TRREB

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