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:47421)
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Detailed Information
Bedrooms
3
Bathrooms
2
Lot
70.08 x 146.25 ft
Features
Carpet Free
Listing Contract Date
2026-03-02
Location Description
Eighth St and Northmount Ave
Ownership Type
Freehold
# of Parking Spaces
5
Property Type
Single Family
Transaction Type
For sale
Building
Age
51 to 99 years
Appliances
Water Heater, Water meter
Architectural Style
Bungalow
Basement Features
Apartment in basement, Separate entrance
Basement Type
N/A, N/A
Construction Style (Attachment)
Detached
Cooling Type
None, Ventilation system
Exterior Finish
Brick
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Living room
Main level
4.57 m x 4.93 m
Dining room
Main level
2.46 m x 3.15 m
Kitchen
Main level
3.84 m x 3 m
Primary Bedroom
Main level
4.27 m x 3.12 m
Bedroom 2
Main level
3.73 m x 3.58 m
Bedroom 3
Main level
2.95 m x 3.71 m
Parking Spaces
Name
Spaces
Attached Garage
Garage
Land
Total Size
70.1 x 146.3 FT
Sewer
Sanitary sewer
Size of Irregular Land
70.1 x 146.3 FT
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