$ 2,049,000
897 Eighth Street
Supermarket Costco

897 Eighth Street

Detached
Mississauga, Ontario L5E 1R3
3 2 1 1+4(5) 1100-1500 sqft
3 2 1 1+4(5)
1100-1500 sqft
$ 2,049,000
Sale
Taxes $6,951 2025
Maintenance None
Estimated Monthly Mortgage $5317
Estimated Closing Costs $--
Supermarket Costco

History

MLS®# W12834286

MLS®# W12834286

2026.03.02 New $2,049,000

Other Records

2022.09.13 - 2022.09.30 Sold $1,550,000

Details

Interior Rooms
MLS®#
copy
Type
Detached
Style
Bungalow
Age
51-99
Size (sqft)
1100-1500
Lot Size
70.1 × 146.29 Feet
Parking
5 Total Parking Spaces
1 Attached Garage
4 Parking Spaces
Last Update
2026-03-02
Possession Date
TBD
Listing Date
2026-03-02
Basement
Apartment, Separate Entrance
Fireplace
N
Heating
Gas
Pool
None
Air Conditioning
None
Broker
CITYSCAPE REAL ESTATE LTD.
Room(s) Stories
Length x Width ( Size )
Descriptions
Living Room Main
16.2ft x 15ft (242.5 ft2 ) 4.93m x 4.57m (22.5 m2 )
Dining Room Main
10.3ft x 8.1ft (83.4 ft2 ) 3.15m x 2.46m (7.7 m2 )
Kitchen Main
9.8ft x 12.6ft (124 ft2 ) 3m x 3.84m (11.5 m2 )
Primary Bedroom Main
10.2ft x 14ft (143.4 ft2 ) 3.12m x 4.27m (13.3 m2 )
Bedroom 2 Main
11.7ft x 12.2ft (143.7 ft2 ) 3.58m x 3.73m (13.4 m2 )
Bedroom 3 Main
12.2ft x 9.7ft (117.8 ft2 ) 3.71m x 2.95m (10.9 m2 )

About

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.

The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA.

Investment Analysis

Estimated Monthly Costs
--
per month
Estimated Closing Costs
--
Property Tax $6,951 2025 year
Community:Lakeview
DetachedMarket Stat
Avg. Sold Price
$1,635,550.00
YoY -6.06 %
Avg. Rent
$3,838.89
YoY +25.35 %

Schools

JK - Grade12

Elementary (JK-G8)

Fraser Rank(2018) 811 / 3052 English French
Elementary English
English
Fraser Rank(2018) 287 / 3052 Catholic English
Fraser Rank(2018) 1495 / 3052 Catholic English
Fraser Rank(2018) 88 / 3052 Catholic English

Secondary (G9-G12)

Fraser Rank(2023) 29 / 747 Secondary French
Fraser Rank(2023) 201 / 747 Secondary English
Secondary
Fraser Rank(2023) 478 / 747 Secondary English
Fraser Rank(2023) 23 / 747 Secondary
Fraser Rank(2023) 119 / 747 Secondary Catholic English IB
Fraser Rank(2023) 39 / 747 Secondary Catholic English
Fraser Rank(2023) 654 / 747 Secondary Catholic English AP

Neighbourhood

Groceries
Al Premium 2.5 km
888 Dundas St. East, Mississauga, ON. L4Y 4G6
Costco C Mississauga 3.2 km
1570 DUNDAS STEMISSISSAUGA, ON L4X 1L4
Perfect Supermarket 3.7 km
Unit 1, 3085 Hurontario St, Mississauga, ON L5A 4E4
Grant's Foodmart 4.4 km
3415 Dixie Rd, Mississauga, ON

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