Nataly Perez Redondo
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Nataly Perez Redondo
  • Home
  • Real Estate Listings
    • Properties Half Map
    • Property Gallery List
  • York Region
    • Living in Vaughan
    • Living in Markham
    • Living in Richmond Hill
  • FAQs
  • Real Estate Blog
  • Contact
647-997-9321
My Favorites
Price Range
From $999,000.00 To $699,000.00
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Active Residential Detached

897 Eighth Street, Mississauga, ON L5E 1R3

$1,749,000.00

897 Eighth Street

9 Photos

Overview

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Property ID : W13593022
Bedrooms
3
Bathrooms
2

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.