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897 Eighth Street
Lakeview Mississauga L5E 1R3

$2,049,000
Residential Freehold beds: 3 baths: 2.0

Main Photo: 897 Eighth Street in Mississauga: Lakeview House for sale : MLS®# W12834286
Photo 1: 897 Eighth Street in Mississauga: Lakeview House for sale : MLS®# W12834286
Photo 2: 897 Eighth Street in Mississauga: Lakeview House for sale : MLS®# W12834286
Photo 3: 897 Eighth Street in Mississauga: Lakeview House for sale : MLS®# W12834286
Photo 4: 897 Eighth Street in Mississauga: Lakeview House for sale : MLS®# W12834286
Photo 5: 897 Eighth Street in Mississauga: Lakeview House for sale : MLS®# W12834286
Photo 6: 897 Eighth Street in Mississauga: Lakeview House for sale : MLS®# W12834286
Photo 7: 897 Eighth Street in Mississauga: Lakeview House for sale : MLS®# W12834286
Photo 8: 897 Eighth Street in Mississauga: Lakeview House for sale : MLS®# W12834286
Photo 9: 897 Eighth Street in Mississauga: Lakeview House for sale : MLS®# W12834286
Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
W12834286
Bedrooms:
3
Bathrooms:
2
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.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Approx. Age:
51-99
Total Approx Floor Area:
1100-1500
Lot Depth:
146'3½"
Lot Frontage:
70'1"
Direction Faces:
North
Bedrooms:
3
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
3
Kitchens Above Grade:
1
Rooms Above Grade:
6
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Block
Roof:
Shingles
Basement:
Apartment, Separate Entrance
Fireplace/Stove:
No
Garage:
Attached
Garage Spaces:
1.0
Parking Features:
Available
Parking Spaces:
4
Total Parking Spaces:
5.0
Family Room:
No
Possession Details:
TBD
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Taxes:
$6,951 / 2025
Assessment:
$- / -
Peel
Mississauga
Lakeview
Carpet Free, Primary Bedroom - Main Floor, Storage Area Lockers, Ventilation System, Water Heater Owned, Water Meter
Brick
Floor
Type
Size
Other
Main
Living Room
16'2" × 15'
Main
Dining Room
10'4" × 8'1"
Main
Kitchen
12'7" × 9'10"
Main
Primary Bedroom
14' × 10'3"
Main
Bedroom 2
12'3" × 11'9"
Main
Bedroom 3
12'2" × 9'8"
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
None
Central Vacuum:
No
Seller Property Info Statement:
No
Date Listed:
Mar 02, 2026
Original Price:
Previous Price:
  • Photo 1: 897 Eighth Street in Mississauga: Lakeview House for sale : MLS®# W12834286
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  • Photo 9: 897 Eighth Street in Mississauga: Lakeview House for sale : MLS®# W12834286
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Listed by CITYSCAPE REAL ESTATE LTD.
Data was last updated April 8, 2026 at 04:15 AM (UTC)
Area Statistics
Listings on market:
97
Avg list price:
$1,299,900
Min list price:
$499,900
Max list price:
$3,800,000
Avg days on market:
31
Min days on market:
1
Max days on market:
581
These statistics are generated based on the current listing's property type and located in Lakeview. Average values are derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.