3 Bedroom
2 Bathroom
1,100 - 1,500 ft2
Bungalow
None, Ventilation System
Forced Air
$2,049,000
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:50976)
Property Details
|
MLS® Number
|
W12834286 |
|
Property Type
|
Single Family |
|
Community Name
|
Lakeview |
|
Features
|
Carpet Free |
|
Parking Space Total
|
5 |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
3 |
|
Bedrooms Total
|
3 |
|
Age
|
51 To 99 Years |
|
Appliances
|
Water Heater, Water Meter |
|
Architectural Style
|
Bungalow |
|
Basement Features
|
Apartment In Basement, Separate Entrance |
|
Basement Type
|
N/a, N/a |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
None, Ventilation System |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Block |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
1 |
|
Size Interior
|
1,100 - 1,500 Ft2 |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
146 Ft ,3 In |
|
Size Frontage
|
70 Ft ,1 In |
|
Size Irregular
|
70.1 X 146.3 Ft |
|
Size Total Text
|
70.1 X 146.3 Ft |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Main Level |
Living Room |
4.57 m |
4.93 m |
4.57 m x 4.93 m |
|
Main Level |
Dining Room |
2.46 m |
3.15 m |
2.46 m x 3.15 m |
|
Main Level |
Kitchen |
3.84 m |
3 m |
3.84 m x 3 m |
|
Main Level |
Primary Bedroom |
4.27 m |
3.12 m |
4.27 m x 3.12 m |
|
Main Level |
Bedroom 2 |
3.73 m |
3.58 m |
3.73 m x 3.58 m |
|
Main Level |
Bedroom 3 |
2.95 m |
3.71 m |
2.95 m x 3.71 m |
https://www.realtor.ca/real-estate/29414886/897-eighth-street-mississauga-lakeview-lakeview
