Map
Listed price in listed location currency (CAD).
$2,049,000

324

MLS® W12834286

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage Yes
Taxes $6,951
Days Active 5
Lot Size 
Approx. Age 
MLS® Number W12834286

Property Address: 897 8th St, Mississauga, ON, L5E1R3

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberW12834286
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementApartment, Separate Entrance
DrivewayGarage Type:Attached
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Bedroom 3:Main Floor12.18 × 9.68 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 2, 2026List Date
$2,049,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $1,076,000 and $2,536,000.
Similar properties in this area sold on average for: $1,076,859
Expected to sell in 29 days. Similar properties sold in 34 days. This home has been on Zoocasa for 5 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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