- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1,100–1,500sq ft
- Per sq ft
- $1,345at the range’s middle
- Lot
- 70.1 x 146.29 ft
- Tax a year
- $6,9512025 tax year
- Built
- 51-99
- Parking
- 51 attached
- Days on market
- Members
The brief
About 897 Eighth St
897 Eighth St is a 3-bedroom, 2-bathroom detached house in Lakeview, Mississauga, listed for sale at an asking price of $1,749,000 (MLS® W13593022).
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.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$5,059/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 5 homes with 3 bedrooms for lease in Lakeview right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $6,951 / 2025
- MLS® number
- W13593022
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 51-99
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 70.1 x 146.29 ft
- Listed on
- Parking
- 1 Attached, 5 Parking
Property details
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- Lakeview
- Municipality
- Mississauga
Building
- Size
- 1100-1500 sqft
- Building Age
- 51-99
- Construction
- Brick
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Main, 1 × 3pc Bsmt
- Basement Type
- Apartment
- Kitchens
- 1
Parking
- Driveway
- Available
- Garage Type
- Attached
- Garage
- 1
- Additional Parking
- 4
- Total Parking
- 5
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 70.1 ft
- Depth
- 146.29 ft
- Lot Size
- 70.1 x 146.29 ft
Additional
- Foundation
- Block
- Roof
- Shingles
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Dining | 3.15 × 2.46 m | — | Main |
| 2nd Br | 3.58 × 3.73 m | — | Main |
| 3rd Br | 3.71 × 2.95 m | — | Main |
| Living | 4.93 × 4.57 m | — | Main |
| Kitchen | 3.0 × 3.84 m | — | Main |
| Primary | 3.12 × 4.27 m | — | Main |
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 |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,749,000 | N/A | Pc | W13593022 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $349,800
- Total mortgage amount
- $1,399,200
- Total interest payment
- $994,800
- Total purchase cost
- $2,743,800
- Mortgage payment
- $7,980/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
71%Monthly carrying cost
$8,559- Rent $3,500
- Shortfall $5,059
Rental income opens at $3,500, the median asking rent of 5 comparable homes for lease in Lakeview. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $31,455
- Total land transfer tax
- $31,455
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $27,455
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,749,000
- $26,980
- Ontario total
- $31,455
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
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.
The land
Lot
- Lot area
- 10,255 sq ft953 m²
- Street frontage
- 70.1 ft21.4 m
- Depth
- 146.29 ft44.6 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Credit Valley Conservation’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m1 test or monitoring hole also recorded.250 m
- 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.500 m
Credit Valley Conservation · Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 9.2 km9.2 km
Province of Ontario open data
Around the home2
- Nearest rail line: 860 m860 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 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.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- 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.At the 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.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Credit Valley Conservationor 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.
The market
Detached homes for sale in Lakeview right now
- For sale now
- 68
- Median asking price
- $1.46M
- New in 7 days
- 7
- Price cuts
- 24%
Middle half: $1.09M to $2.32M
29 in 28 days
16 listings
This home is asking 20% above the median.
See all homes in LakeviewAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Long Branch GO | GO Transit train: Lakeshore West | 2.4 km |
| Dixie GO | GO Transit train: Milton | 2.9 km |
| Port Credit GO | GO Transit train: Lakeshore West | 3.1 km |
| Cooksville GO | GO Transit train: Milton | 4.1 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Queen of Heaven SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 650 m | 96%Grade 6 average |
| St Dominic Separate SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 1.1 km | 89%Grade 6 average |
| Janet I. McDougald Public SchoolPeel DSB | Public · grades JK–5 | 1.1 km | 58%Grade 3 average |
| École élémentaire Micheline-Saint-CyrConseil scolaire Viamonde | French-language public · grades JK–6 | 2.5 km | 76%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Paul Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 550 m | 72%Grade 9 math |
| Cawthra Park Secondary SchoolPeel DSB | Public · grades 9–12 | 650 m | 65%Grade 9 math |
| Port Credit Secondary SchoolPeel DSB | Public · grades 9–12 | 2.5 km | 70%Grade 9 math |
| Applewood Heights Secondary SchoolPeel DSB | Public · grades 9–12 · French Immersion | 3.8 km | 59%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Lakeview are shown to signed-in members.