• 416-845-9558
  • estateofchoice@gmail.com
Sandeep Mehra
Realtor
Pontis Realty Inc., Brokerage
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Sandeep Mehra
Realtor
  • Home
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897 Eighth Street, Missis...

Peel, L5E 1R3
  • 1100-1500 Sq-Ft
  • 3 Bedrooms
  • - Garage
  • 2 Bathroom
Start From
$ 1,749,000

Descripation

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.

Essential Information

  • Price: $1749000
  • For: Residential Freehold
  • Property Types: Detached
  • Area: 1100-1500 SQFT
  • Country: CA
  • City: Mississauga
  • Garages:
  • Bedrooms: 3
  • Bathrooms: 2

Amenities

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Pontis Realty Inc., Brokerage
  • 7275 Rapistan Court, Mississauga, Ontario L5N 5Z4
  • 416-845-9558
  • estateofchoice@gmail.com

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