Mississauga L5E 1R3 Ontario
MLS: W12834286
Added 2 hours ago | For Sale
Listed by: CITYSCAPE REAL ESTATE LTD.
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.
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Main | Living Room | 15 ft x 16 ft, 2 in | |
| Dining Room | 8 ft, 1 in x 10 ft, 4 in | ||
| Kitchen | 12 ft, 7 in x 9 ft, 10 in | ||
| Primary Bedroom | 14 ft x 10 ft, 3 in | ||
| Bedroom 2 | 12 ft, 3 in x 11 ft, 9 in | ||
| Bedroom 3 | 9 ft, 8 in x 12 ft, 2 in |
No property rooms available.