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For saleListed Jul 22MLS® W13593022

897 Eighth Street, Mississauga, ON L5E 1R3

Lakeview, Mississauga · Near Eighth St and Northmount Ave · View map

$1,749,000
3Beds
2Baths
1100–1500Sq ft
BungalowType
Attached · 1 spaceGarage
5 totalParking
Apartment, Separate EntranceBasement
$6,951/yrTaxes
Call / Text Will
$1,749,000
Main-floor primary bedroomEveryday living on one level
Separate entranceRoom for an in-law or income suite
FreeholdNo monthly condo fee
Attached garage5 parking spaces in total
Lot 70.1 x 146.3 ftThe land comes with the home

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.

The home

Type
Bungalow
Style
Bungalow
Square footage
1100-1500 sq ft
Bedrooms
3
Bathrooms
2
Kitchens
1
Rooms
6
Basement
Apartment, Separate Entrance
Lot size
70.1 x 146.3 ft
Faces
North
Approximate age
51-99 years

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Brick

Heating & cooling

Heating fuel
Gas
Heating type
Forced Air
Fireplace
No

Garage & parking

Garage
Attached
Garage spaces
1
Driveway spaces
4
Total parking
5
Parking features
Available

Taxes & other

Property taxes
$6,951/yr
Tax year
2025
Occupancy
Tenant
Possession
Immediate
Cross street
Eighth St and Northmount Ave
Neighbourhood
Lakeview

More

Price per sq ft
~$1,345 (at 1,300 sq ft)
Listed
Jul 22, 2026 · 83 days ago
MLS® number
W13593022

The home and its surroundings

  • Carpet Free
  • Primary Bedroom - Main Floor
  • Storage Area Lockers
  • Ventilation System
  • Water Heater Owned
  • Water Meter
Want to know something that isn’t listed?
Estimated monthly cost$7,634per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    897 Eighth Street, Mississauga, ON L5E 1R3

    Lakeview, Mississauga · Near Eighth St and Northmount Ave

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    Sold history

    Listing history for 897 Eighth Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 897 Eighth Street

    Answers come straight from this home’s MLS® listing.

    How much is 897 Eighth Street listed for, and what would it cost each month?

    897 Eighth Street is listed for $1,749,000. With 20% down ($349,800), the mortgage payment would be roughly $7,055 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $7,634 a month, all in. That figure is an illustration, not a quote.

    Is 897 Eighth Street freehold or a condo, and is there a monthly fee?

    897 Eighth Street is a bungalow in Lakeview, Mississauga. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 897 Eighth Street have?

    897 Eighth Street has 3 bedrooms and 2 bathrooms.

    Does 897 Eighth Street have a garage and parking?

    Yes. The listing shows the garage as attached, with room for 1 car. The driveway adds 4 spaces. In total the listing counts 5 parking spaces.

    Does 897 Eighth Street have a finished basement?

    The listing describes the basement as apartment, separate entrance. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.

    What style of home is 897 Eighth Street?

    897 Eighth Street is a bungalow. A bungalow has all of its main living space, including the bedrooms, on one floor, usually over a full basement.

    How big is 897 Eighth Street, and what is the lot size?

    The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 70.1 x 146.3 ft.

    How is 897 Eighth Street heated and cooled?

    Heating is forced air (gas). The listing does not show air conditioning.

    What are the property taxes for 897 Eighth Street?

    Property taxes are $6,951 a year (2025), or about $579 a month.

    Where is 897 Eighth Street?

    897 Eighth Street is in the Lakeview community of Mississauga. The nearest main intersection is Eighth St and Northmount Ave. The postal code is L5E 1R3.

    How long has 897 Eighth Street been on the market?

    897 Eighth Street was listed on July 22, 2026. It has been on the market for 83 days. It is an active listing (MLS® W13593022). Listings here update from the board through the day and come down once a home sells.

    What are similar bungalows near 897 Eighth Street asking?

    Similar bungalow-style homes for sale nearby right now include 1140 Halliday Avenue at $1,769,000 (3+1 bed), 1130 Halliday Avenue at $1,499,999 (3 bed) and 586 Curzon Avenue at $1,399,999 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 897 Eighth Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 897 Eighth Street?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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