897 EIGHTH STREET, Mississauga, Ontario L5E 1R3
$1,949,500.00
- 3 bedrooms
- 2 bathrooms
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 ... read more
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. (id:25417)
- Listing ID: W13593022
- Property Type: Single Family
| Property | |
|---|---|
| Style: | Bungalow |
| Ownership: | Freehold |
| Lot Size: | 70.1 by 146.3 FT |
| Parking: | Attached Garage 5 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| Appliances: | Water Meter and Water Heater |
| HVAC: | Fireplace, Forced Air, None and Ventilation System Natural Gas |
| Exterior: | Brick |
| Basement: | N/A, N/A |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | Mississauga |
| Province: | Ontario |
| Rooms | Level | Dimensions |
|---|---|---|
| Dining room | Main level | 2.46 m x 3.15 m |
| Bedroom 2 | Main level | 3.73 m x 3.58 m |
| Bedroom 3 | Main level | 2.95 m x 3.71 m |
| Living room | Main level | 4.57 m x 4.93 m |
| Kitchen | Main level | 3.84 m x 3 m |
| Primary Bedroom | Main level | 4.27 m x 3.12 m |
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