$1,599,850
880 Sixth Street, Mississauga, ON L5E 1N6
Lakeview
Listing courtesy of RE/MAX REALTY ENTERPRISES INC.
Lakeview · L5E 1R3
$1,749,000
$1,590 / sq ft3 months on market
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.
6 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living Room | Main | 4.57 × 4.93 m15.0 × 16.2 ft | — |
| Dining Room | Main | 2.46 × 3.15 m8.1 × 10.3 ft | — |
| Kitchen | Main | 3.84 × 3.00 m12.6 × 9.8 ft | — |
| Primary Bedroom | Main | 4.27 × 3.12 m14.0 × 10.2 ft | — |
| Bedroom 2 | Main | 3.73 × 3.58 m12.2 × 11.7 ft | — |
| Bedroom 3 | Main | 2.95 × 3.71 m9.7 × 12.2 ft | — |
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 60% of comparable detached listings in Lakeview are asking less.
Based on 62 comparable active detached listings in Lakeview. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,749,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CITYSCAPE REAL ESTATE LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
What similar homes in this area actually sold for.
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Listing courtesy of RE/MAX REALTY ENTERPRISES INC.
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