3
Bedrooms
2
Bathrooms
1,500 sqft
Living Area
5
Parking
About This Property
This 3-bedroom, 2-bathroom single family in Mississauga offers 1,500 sqft of living area. 1 storey. The property has lot dimensions of 70.1 x 146.3 FT, cross street Eighth St and Northmount Ave. The home features forced air, natural gas heating, ventilation system, a apartment in basement, separate entrance basement. Highlights include a 1-car garage.
MLS Remarks
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. (id:60351)
Property History
MLS# W12834286| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Mar 2, 2026 | Listed For Sale | W12834286 | $2,049,000 | — |
MLS data tracked by our system. Earlier records or land registry transfers may not be shown.
Overview
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