Dining (3.15 × 2.46)
Level: Main
897 Eighth St
Lakeview, Mississauga, Ontario L5E 1R3
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.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- W13593022
- Board
- TRREB MLS®
- Days on market
- Tax
- $6,951
- Size
- 1100-1500 sqft
- Lot
- 70.1 × 146.29 Feet
- Parking
- 1 Attached, 5 Parking
Listing History
Buy/Sell history for 897 Eighth St, Mississauga, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,749,000 | N/A | Pc | W13593022 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- Lakeview
- Municipality
- Mississauga
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Bathroom Detail
- 1, 4pc, Main
- Bathroom Detail
- 1, 3pc, Bsmt
- Basement Type
- Apartment
- Kitchens
- 1
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Forced Air
Building
- Size
- 1100-1500 sqft
- Construction
- Brick
Parking
- Driveway
- Available
- Garage Type
- Attached
- Garage
- 1
- Add. Parking
- 4
- Total Parking
- 5
Land
- Sewer
- Sewers
- Lot Size
- 70.1 × 146.29 Feet
- Lot Size Code
- Feet
Additional
- Year built
- 51-99
- Foundation
- Block
- Roof
- Shingles
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
Rooms (6)
2nd Br (3.58 × 3.73)
Level: Main
3rd Br (3.71 × 2.95)
Level: Main
Living (4.93 × 4.57)
Level: Main
Kitchen (3.0 × 3.84)
Level: Main
Primary (3.12 × 4.27)
Level: Main
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
15 records read 7 on record nearby 8 checked, none on recordRead 2026-10-28
Water and conservation
- Not in Credit Valley Conservation’s mapped regulated area
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m1 test or monitoring hole also recorded.
- Groundwater recorded about 10.7 m below ground nearbyThe middle water level in the well records within 500 m (12 records). It changes with the season and from spot to spot.
Credit Valley Conservation · Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- Nearest airport: 9.2 km
Province of Ontario open data
Around the home
- Nearest rail line: 860 m
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Chantler Packages Inc. — Chantler Packages Mississauga, 1.3 km away. Only facilities above the inventory’s reporting thresholds are listed.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Alectra Utilities Corporation
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, CIK Telecom. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under Credit Valley Conservation Open Data Licence v1.0.
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$8,018
- Down payment$349,800
- Mortgage amount$1,399,200
- Total interest$1,006,200
- Total cost$2,755,200
Cash flow analysis
$8,018
Total monthly payment
$8,597
Break-even down payment
100%
Cash flow-$8,597
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$1,749,000
$1,749,000
CAD
Estimated market value
Inquire about this listing
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