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$ 1,949,500
Est. payment | /mo
3 Beds
2 Baths
$ 1,949,500
Est. payment | /mo
3 Beds
2 Baths
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Lakeview
MLS Listing ID W13593022
Style Bungalow
Bedrooms 3
Annual Tax Amount $6,951
Tax Year 2025
Property Sub-Type Detached
Property Description
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.
Location
Province ON
County Peel
Area Peel
Rooms
Family Room No
Basement Apartment, Separate Entrance
Kitchen 1
Interior
Interior Features Carpet Free, Primary Bedroom - Main Floor, Storage Area Lockers, Ventilation System, Water Heater Owned, Water Meter
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Available
Garage Spaces 1.0
Pool None
Roof Type Shingles
Lot Frontage 70.1
Lot Depth 146.29
Total Parking Spaces 5
Building
Building Age 51-99
Foundation Block
Others
ParcelsYN No
Listed by CITYSCAPE REAL ESTATE LTD.