897 Eighth Street

Lakeview, Mississauga, Ontario L5E 1R3

Overview

At a glance

Days on market96 days
ListedJul 22, 2026
UpdatedSep 10, 2026
Building age51-99 years
Size1100-1500 sq ft
Lot70.1 x 146.29 Feet
Property taxes$6,951 (2025)
Parking5 spaces
BasementApartment, Separate Entrance
MLS® numberW13593022
Data sourcePropTx MLS® System
Listing brokerageCITYSCAPE REAL ESTATE LTD.

About this home

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.

Details

Property

Style
Bungalow
Building age
51-99
Fronting on
North
Cross street
Eighth St and Northmount Ave
Community
Lakeview
Municipality
Mississauga

Inside

Bedrooms above grade
3
Bathrooms
2
Kitchens
1
Basement
Apartment, Separate Entrance
Family room
No
Fireplace
No
Interior features
Carpet Free, Primary Bedroom - Main Floor, Storage Area Lockers, Ventilation System, Water Heater Owned, Water Meter

Utilities

Heating
Forced Air
Heating fuel
Gas
Cooling
None
Sewer
Sewer

Building

Construction
Brick
Foundation
Block
Roof
Shingles
Pool
None

Parking

Garage
Attached
Parking spaces
4
Total parking
5
Driveway
Available

Land

Frontage
70.1
Depth
146.29
Lot size units
Feet
Waterfront
No
Rooms (6)
RoomLevelSizeFeatures
Dining RoomMain2.46 x 3.15
Bedroom 2Main3.73 x 3.58
Bedroom 3Main2.95 x 3.71
Living RoomMain4.57 x 4.93
KitchenMain3.84 x 3
Primary BedroomMain4.27 x 3.12
Value

What it’s worth

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Market read

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History

Listing history

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Compare

How it compares

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Neighbourhood

Around Lakeview

What’s nearby

Quiet streetBackyard faces east

  • Elementary schoolAllan A Martin Senior Public Schoolabout 4 min walk
  • High schoolGordon Graydon Memorial Secondary Schoolabout 5 min walk
  • ParkCawthra Parkabout 3 min walk
  • Playground about 6 min walk
  • Trail about 4 min walk
  • River or lakeSerson Creekabout 7 min walk
  • Grocery storeLongo'sabout 17 min walk
  • DowntownMississaugaabout 5.8 km
  • LibraryMississauga Library - Lakeviewabout 10 min walk
  • Rec centre or arenaMississauga Senior Citizens Centreabout 6 min walk
  • Golf courseLakeview Golf Courseabout 16 min walk
  • HospitalQueensway Health Centreabout 3.1 km
  • Highway on-rampExit 134about 12 min walk
  • GO or train stationDixieabout 2.9 km

Approximate: straight-line distances, and the backyard and street worked out from the map pin and map data © OpenStreetMap contributors. Check school boundaries with the school board.

On the map

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Community

The Lakeview market

Lakeview sale prices

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Costs

What it would cost

%
%
An example rate. Use the one your lender quotes.
Every monthEstimate
Mortgage payment$0
Property tax$0
Monthly total$0
At closing
Ontario land transfer tax$0

Estimates only, not financial advice. Uses Canadian semi-annual compounding, the minimum down payment and mortgage insurance rules, and Ontario’s land transfer tax brackets. Your lender and lawyer confirm the real numbers. Legal fees, title insurance and moving costs aren’t included.

Listing courtesy of CITYSCAPE REAL ESTATE LTD.. Listing information from the PropTx MLS® System. Each listing shows the brokerage that represents it. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate by PropTx. Last updated October 26, 2026 at 10:38 p.m.

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